Independent Financial Group LLC Acquires New Holdings in Global X S&P 500 Covered Call ETF $XYLD

Independent Financial Group LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 20,434 shares of the company’s stock, valued at approximately $800,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. MGB Wealth Management LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF during the 2nd quarter worth approximately $26,000. Halbert Hargrove Global Advisors LLC purchased a new stake in Global X S&P 500 Covered Call ETF in the 1st quarter valued at approximately $49,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF during the third quarter valued at $52,000. Ascentis Independent Advisors purchased a new position in Global X S&P 500 Covered Call ETF in the 1st quarter valued at about $64,000. Finally, EP Wealth Advisors LLC purchased a new position in Global X S&P 500 Covered Call ETF in the 2nd quarter valued at about $100,000.

Global X S&P 500 Covered Call ETF Price Performance

Shares of NYSEARCA XYLD opened at $40.97 on Wednesday. The company has a 50-day simple moving average of $40.69 and a 200-day simple moving average of $40.44. The company has a market cap of $3.21 billion, a PE ratio of 25.32 and a beta of 0.49. Global X S&P 500 Covered Call ETF has a 12 month low of $38.22 and a 12 month high of $41.32.

Global X S&P 500 Covered Call ETF 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.