ELCO Management Co. LLC lessened its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report) by 0.8% during the second quarter, Holdings Channel.com reports. The fund owned 62,100 shares of the company’s stock after selling 500 shares during the period. Global X S&P 500 Covered Call ETF accounts for about 1.5% of ELCO Management Co. LLC’s holdings, making the stock its 16th biggest holding. ELCO Management Co. LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $2,511,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Chilton Capital Management LLC acquired a new stake in Global X S&P 500 Covered Call ETF in the 1st quarter valued at about $25,000. Mather Group LLC. bought a new stake in Global X S&P 500 Covered Call ETF during the second quarter worth approximately $33,000. PNC Financial Services Group Inc. bought a new stake in Global X S&P 500 Covered Call ETF during the fourth quarter worth approximately $36,000. Concourse Financial Group Securities Inc. grew its position in Global X S&P 500 Covered Call ETF by 121.3% in the second quarter. Concourse Financial Group Securities Inc. now owns 1,328 shares of the company’s stock worth $54,000 after buying an additional 728 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new position in shares of Global X S&P 500 Covered Call ETF in the second quarter valued at $59,000.
Global X S&P 500 Covered Call ETF Stock Performance
Shares of NYSEARCA:XYLD opened at $41.39 on Wednesday. The company has a market capitalization of $2.90 billion, a PE ratio of 20.31 and a beta of 0.44. The stock has a fifty day moving average of $40.68 and a 200-day moving average of $40.50. Global X S&P 500 Covered Call ETF has a one year low of $37.49 and a one year high of $41.65.
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.
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