Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Sets New 1-Year High – Here’s What Happened

Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) hit a new 52-week high on Monday . The company traded as high as $41.33 and last traded at $41.33, with a volume of 122305 shares trading hands. The stock had previously closed at $41.17.

Global X S&P 500 Covered Call ETF Stock Up 0.5%

The stock has a market capitalization of $3.26 billion, a PE ratio of 25.32 and a beta of 0.49. The firm has a 50 day moving average price of $40.77 and a 200-day moving average price of $40.44.

Hedge Funds Weigh In On Global X S&P 500 Covered Call ETF

A number of institutional investors have recently bought and sold shares of XYLD. Kingswood Wealth Advisors LLC raised its position in Global X S&P 500 Covered Call ETF by 57.2% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 38,966 shares of the company’s stock worth $1,583,000 after acquiring an additional 14,184 shares during the period. XML Financial LLC grew its position in shares of Global X S&P 500 Covered Call ETF by 14.9% in the first quarter. XML Financial LLC now owns 138,224 shares of the company’s stock valued at $5,409,000 after purchasing an additional 17,950 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of Global X S&P 500 Covered Call ETF by 55.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 65,927 shares of the company’s stock worth $2,679,000 after purchasing an additional 23,425 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Global X S&P 500 Covered Call ETF by 177.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 216,630 shares of the company’s stock worth $8,802,000 after purchasing an additional 138,483 shares in the last quarter. Finally, Independent Financial Group LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF during the first quarter worth about $800,000.

Global X S&P 500 Covered Call ETF Company Profile

The Global X S&P 500 Covered Call ETF (XYLD) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 100% of each stock. XYLD was launched on Jun 24, 2013 and is managed by Global X.