Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Shares Purchased by Investment Partners Asset Management Inc.

Investment Partners Asset Management Inc. increased its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 1.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 75,673 shares of the company’s stock after buying an additional 718 shares during the quarter. Global X S&P 500 Covered Call ETF comprises 2.6% of Investment Partners Asset Management Inc.’s holdings, making the stock its 5th largest position. Investment Partners Asset Management Inc. owned 0.11% of Global X S&P 500 Covered Call ETF worth $3,140,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. acquired a new position in shares of Global X S&P 500 Covered Call ETF during the 4th quarter valued at about $36,000. Park Avenue Securities LLC acquired a new position in Global X S&P 500 Covered Call ETF in the 1st quarter valued at about $399,000. Wealthcare Advisory Partners LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF during the 1st quarter worth approximately $269,000. Wealth Enhancement Advisory Services LLC raised its position in shares of Global X S&P 500 Covered Call ETF by 1.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 24,913 shares of the company’s stock valued at $1,016,000 after buying an additional 373 shares during the period. Finally, Consolidated Portfolio Review Corp acquired a new position in Global X S&P 500 Covered Call ETF in the first quarter valued at approximately $216,000.

Global X S&P 500 Covered Call ETF Stock Up 0.3 %

NYSEARCA:XYLD traded up $0.13 on Monday, reaching $41.45. The company’s stock had a trading volume of 95,739 shares, compared to its average volume of 418,748. The firm has a market cap of $2.90 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. Global X S&P 500 Covered Call ETF has a 12-month low of $37.74 and a 12-month high of $41.92. The stock has a 50 day moving average price of $41.34 and a 200 day moving average price of $40.65.

Global X S&P 500 Covered Call ETF Company Profile

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.