D.A. Davidson & CO. cut its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report) by 39.2% in the third quarter, HoldingsChannel reports. The firm owned 16,463 shares of the company’s stock after selling 10,601 shares during the period. D.A. Davidson & CO.’s holdings in Global X S&P 500 Covered Call ETF were worth $683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in XYLD. Mather Group LLC. purchased a new stake in shares of Global X S&P 500 Covered Call ETF in the second quarter worth about $33,000. Concourse Financial Group Securities Inc. grew its stake in shares of Global X S&P 500 Covered Call ETF by 121.3% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 1,328 shares of the company’s stock worth $54,000 after purchasing an additional 728 shares during the period. Opal Wealth Advisors LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF during the 2nd quarter valued at approximately $59,000. Chris Bulman Inc purchased a new position in shares of Global X S&P 500 Covered Call ETF during the 2nd quarter valued at approximately $92,000. Finally, ORG Partners LLC acquired a new position in shares of Global X S&P 500 Covered Call ETF in the 2nd quarter valued at $119,000.
Global X S&P 500 Covered Call ETF Stock Performance
XYLD stock opened at $42.19 on Tuesday. Global X S&P 500 Covered Call ETF has a one year low of $37.93 and a one year high of $42.23. The firm’s fifty day moving average is $41.66 and its 200 day moving average is $40.94. The firm has a market cap of $2.95 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.
Further Reading
- Five stocks we like better than Global X S&P 500 Covered Call ETF
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- How to Master Trading Discipline: Overcome Emotional Challenges
- How to Use the MarketBeat Stock Screener
- Trump Tax Reforms: 7 Stocks That Could Benefit in 2025
- How to Invest in Biotech Stocks
- 3 Stocks Near 52-Week Lows: Why They Could Be Smart Buys Today
Want to see what other hedge funds are holding XYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report).
Receive News & Ratings for Global X S&P 500 Covered Call ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X S&P 500 Covered Call ETF and related companies with MarketBeat.com's FREE daily email newsletter.
