Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Get Free Report)’s share price passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $40.80 and traded as low as $40.00. Global X S&P 500 Covered Call ETF shares last traded at $40.05, with a volume of 1,068,146 shares trading hands.
Global X S&P 500 Covered Call ETF Stock Performance
The company’s fifty day moving average price is $41.51 and its 200-day moving average price is $40.80. The stock has a market cap of $3.28 billion, a P/E ratio of 25.32 and a beta of 0.49.
Institutional Investors Weigh In On Global X S&P 500 Covered Call ETF
Hedge funds have recently made changes to their positions in the stock. Financial Management Professionals Inc. purchased a new position in Global X S&P 500 Covered Call ETF in the third quarter valued at about $26,000. Farther Finance Advisors LLC increased its stake in Global X S&P 500 Covered Call ETF by 29.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,607 shares of the company’s stock valued at $67,000 after purchasing an additional 362 shares in the last quarter. Ascentis Independent Advisors acquired a new position in Global X S&P 500 Covered Call ETF during the 1st quarter valued at approximately $64,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF in the third quarter worth $98,000. Finally, Robinswood Financial LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF during the first quarter worth $123,000.
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.
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