Founders Financial Alliance LLC Buys 2,326 Shares of Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA)

Founders Financial Alliance LLC grew its stake in Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) by 32.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,451 shares of the company’s stock after purchasing an additional 2,326 shares during the quarter. Founders Financial Alliance LLC owned approximately 0.26% of Global X Dow 30 Covered Call ETF worth $207,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of DJIA. XML Financial LLC boosted its position in Global X Dow 30 Covered Call ETF by 143.6% in the third quarter. XML Financial LLC now owns 245,454 shares of the company’s stock worth $5,239,000 after purchasing an additional 144,690 shares during the last quarter. Raymond James & Associates purchased a new position in Global X Dow 30 Covered Call ETF in the third quarter worth $953,000. Kestra Private Wealth Services LLC purchased a new position in Global X Dow 30 Covered Call ETF in the third quarter worth $412,000. Raymond James Financial Services Advisors Inc. boosted its position in Global X Dow 30 Covered Call ETF by 87.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 35,040 shares of the company’s stock worth $768,000 after purchasing an additional 16,388 shares during the last quarter. Finally, Verity Asset Management Inc. purchased a new position in Global X Dow 30 Covered Call ETF in the third quarter worth $311,000.

Global X Dow 30 Covered Call ETF Stock Up 0.1 %

DJIA stock traded up $0.02 during midday trading on Friday, hitting $22.07. The company’s stock had a trading volume of 19,687 shares, compared to its average volume of 25,016. The stock’s 50-day moving average price is $22.42 and its 200 day moving average price is $22.16. Global X Dow 30 Covered Call ETF has a 1 year low of $20.64 and a 1 year high of $22.99. The stock has a market cap of $83.20 million, a price-to-earnings ratio of 20.25 and a beta of 0.39.

Global X Dow 30 Covered Call ETF Profile

The Global X Dow 30 Covered Call ETF (DJIA) is an exchange-traded fund that is based on the DJIA Cboe BuyWrite v2 index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the stocks in the Dow Jones Industrial Average and sell at-the-money index call options on each position.