Park Avenue Securities LLC Buys Shares of 9,778 Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Park Avenue Securities LLC purchased a new position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,778 shares of the company’s stock, valued at approximately $399,000.

Several other hedge funds have also recently made changes to their positions in XYLD. Juncture Wealth Strategies LLC lifted its holdings in Global X S&P 500 Covered Call ETF by 13.0% in the first quarter. Juncture Wealth Strategies LLC now owns 120,429 shares of the company’s stock valued at $4,912,000 after acquiring an additional 13,808 shares during the period. PNC Financial Services Group Inc. bought a new position in shares of Global X S&P 500 Covered Call ETF in the 4th quarter worth approximately $36,000. B. Riley Wealth Advisors Inc. boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 10.3% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 40,791 shares of the company’s stock worth $1,621,000 after buying an additional 3,801 shares during the last quarter. Centaurus Financial Inc. grew its position in Global X S&P 500 Covered Call ETF by 15.4% during the fourth quarter. Centaurus Financial Inc. now owns 719,447 shares of the company’s stock valued at $28,375,000 after buying an additional 96,179 shares during the period. Finally, Madison Wealth Partners Inc purchased a new stake in Global X S&P 500 Covered Call ETF during the fourth quarter valued at approximately $735,000.

Global X S&P 500 Covered Call ETF Trading Down 0.1 %

XYLD opened at $40.43 on Friday. Global X S&P 500 Covered Call ETF has a 1-year low of $37.49 and a 1-year high of $41.54. The firm’s 50 day simple moving average is $40.23 and its two-hundred day simple moving average is $40.12. The company has a market capitalization of $2.83 billion, a PE ratio of 20.31 and a beta of 0.44.

About Global X S&P 500 Covered Call ETF

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.