Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Hits New 12-Month High – Here’s What Happened

Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) hit a new 52-week high during trading on Wednesday . The company traded as high as $42.27 and last traded at $42.24, with a volume of 21707 shares trading hands. The stock had previously closed at $42.22.

Global X S&P 500 Covered Call ETF Stock Up 0.0 %

The stock has a 50 day moving average price of $41.70 and a 200 day moving average price of $40.96. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44.

Institutional Trading of Global X S&P 500 Covered Call ETF

A number of hedge funds have recently made changes to their positions in the company. LPL Financial LLC lifted its stake in shares of Global X S&P 500 Covered Call ETF by 3.6% in the third quarter. LPL Financial LLC now owns 3,213,625 shares of the company’s stock worth $133,365,000 after acquiring an additional 110,619 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Global X S&P 500 Covered Call ETF by 2.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,001,643 shares of the company’s stock worth $40,496,000 after acquiring an additional 27,426 shares during the period. Brookstone Capital Management lifted its stake in shares of Global X S&P 500 Covered Call ETF by 3.8% in the third quarter. Brookstone Capital Management now owns 720,709 shares of the company’s stock worth $29,909,000 after acquiring an additional 26,585 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Global X S&P 500 Covered Call ETF by 33.8% in the second quarter. Envestnet Asset Management Inc. now owns 538,183 shares of the company’s stock worth $21,759,000 after acquiring an additional 135,930 shares during the period. Finally, Raymond James & Associates increased its holdings in Global X S&P 500 Covered Call ETF by 9.8% in the third quarter. Raymond James & Associates now owns 411,797 shares of the company’s stock worth $17,090,000 after purchasing an additional 36,620 shares in the last quarter.

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.