S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) Shares Down 0.6%

S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) dropped 0.6% during mid-day trading on Tuesday . The stock traded as low as $31.76 and last traded at $31.91. Approximately 7,877 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 11,154 shares. The stock had previously closed at $32.09.

S&P 500 Covered Call & Growth ETF Trading Down 0.6 %

The company has a market cap of $73.07 million, a P/E ratio of 22.83 and a beta of 0.71. The firm’s 50 day moving average price is $31.14 and its 200-day moving average price is $30.59.

S&P 500 Covered Call & Growth ETF Company Profile

The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.