Janney Montgomery Scott LLC Has $2.59 Million Holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Janney Montgomery Scott LLC boosted its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 10.0% in the fourth quarter, HoldingsChannel reports. The firm owned 61,800 shares of the company’s stock after acquiring an additional 5,604 shares during the period. Janney Montgomery Scott LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $2,589,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of XYLD. JPMorgan Chase & Co. lifted its position in Global X S&P 500 Covered Call ETF by 1,078.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,152 shares of the company’s stock worth $546,000 after buying an additional 12,036 shares in the last quarter. San Luis Wealth Advisors LLC raised its stake in shares of Global X S&P 500 Covered Call ETF by 128.2% in the third quarter. San Luis Wealth Advisors LLC now owns 15,797 shares of the company’s stock worth $656,000 after acquiring an additional 8,876 shares during the last quarter. Park Avenue Securities LLC lifted its position in shares of Global X S&P 500 Covered Call ETF by 13.8% during the fourth quarter. Park Avenue Securities LLC now owns 17,109 shares of the company’s stock worth $717,000 after purchasing an additional 2,077 shares in the last quarter. Atomi Financial Group Inc. bought a new stake in shares of Global X S&P 500 Covered Call ETF during the fourth quarter valued at approximately $210,000. Finally, Mesirow Financial Investment Management Inc. increased its holdings in shares of Global X S&P 500 Covered Call ETF by 34.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 12,713 shares of the company’s stock valued at $528,000 after purchasing an additional 3,239 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

NYSEARCA:XYLD opened at $42.36 on Friday. The company has a market cap of $2.97 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. The stock’s fifty day moving average price is $42.34 and its two-hundred day moving average price is $41.55. Global X S&P 500 Covered Call ETF has a 52-week low of $37.93 and a 52-week high of $43.43.

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.