Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) Stock Jumps 0.1% – Here’s Why

Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) rose 0.1% during mid-day trading on Monday. The company traded as high as $22.65 and last traded at $22.50. 125,379 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 71,550 shares. The stock had previously closed at $22.48.

Global X Dow 30 Covered Call ETF Trading Up 1.6%

The business has a 50 day moving average of $22.56 and a 200-day moving average of $22.13. The stock has a market cap of $216.65 million, a PE ratio of 21.12 and a beta of 0.46.

Institutional Investors Weigh In On Global X Dow 30 Covered Call ETF

Several large investors have recently modified their holdings of the company. XML Financial LLC boosted its stake in Global X Dow 30 Covered Call ETF by 2.8% during the 3rd quarter. XML Financial LLC now owns 279,316 shares of the company’s stock worth $6,206,000 after purchasing an additional 7,505 shares during the period. International Assets Investment Management LLC grew its position in Global X Dow 30 Covered Call ETF by 549.2% during the 3rd quarter. International Assets Investment Management LLC now owns 150,000 shares of the company’s stock worth $3,333,000 after purchasing an additional 126,894 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Global X Dow 30 Covered Call ETF by 50.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 44,954 shares of the company’s stock worth $995,000 after purchasing an additional 15,132 shares during the last quarter. Citadel Advisors LLC purchased a new position in Global X Dow 30 Covered Call ETF during the 2nd quarter worth $273,000. Finally, Cetera Investment Advisers grew its position in Global X Dow 30 Covered Call ETF by 10.1% during the 1st quarter. Cetera Investment Advisers now owns 41,355 shares of the company’s stock worth $870,000 after purchasing an additional 3,780 shares during the last quarter.

Global X Dow 30 Covered Call ETF Company Profile

The Global X Dow 30 Covered Call ETF (DJIA) is an exchange-traded fund that is based on the DJIA Cboe BuyWrite v2 index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the stocks in the Dow Jones Industrial Average and sell at-the-money index call options on each position. DJIA was launched on Feb 23, 2022 and is managed by Global X.