Global X S&P 500 Risk Managed Income ETF $XRMI Stock Holdings Boosted by SteelPeak Wealth LLC

SteelPeak Wealth LLC lifted its position in shares of Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI) by 12.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 45,225 shares of the company’s stock after acquiring an additional 4,850 shares during the period. SteelPeak Wealth LLC owned 1.74% of Global X S&P 500 Risk Managed Income ETF worth $809,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Founders Financial Alliance LLC grew its position in shares of Global X S&P 500 Risk Managed Income ETF by 12.2% during the first quarter. Founders Financial Alliance LLC now owns 37,163 shares of the company’s stock worth $685,000 after acquiring an additional 4,048 shares during the last quarter. LPL Financial LLC lifted its holdings in Global X S&P 500 Risk Managed Income ETF by 1.4% in the first quarter. LPL Financial LLC now owns 301,190 shares of the company’s stock worth $5,554,000 after purchasing an additional 4,140 shares during the period. Brookwood Investment Group LLC acquired a new stake in Global X S&P 500 Risk Managed Income ETF in the first quarter worth about $276,000. Envestnet Asset Management Inc. lifted its holdings in Global X S&P 500 Risk Managed Income ETF by 20.5% in the first quarter. Envestnet Asset Management Inc. now owns 120,093 shares of the company’s stock worth $2,215,000 after purchasing an additional 20,421 shares during the period. Finally, Arete Wealth Advisors LLC lifted its holdings in Global X S&P 500 Risk Managed Income ETF by 12.6% in the first quarter. Arete Wealth Advisors LLC now owns 29,321 shares of the company’s stock worth $541,000 after purchasing an additional 3,271 shares during the period.

Global X S&P 500 Risk Managed Income ETF Stock Up 0.2%

XRMI stock opened at $17.81 on Thursday. The company has a market capitalization of $43.63 million, a P/E ratio of 25.29 and a beta of 0.35. The company has a 50-day simple moving average of $17.72 and a 200 day simple moving average of $17.84. Global X S&P 500 Risk Managed Income ETF has a fifty-two week low of $17.38 and a fifty-two week high of $19.64.

Global X S&P 500 Risk Managed Income ETF Profile

The Global X S&P 500 Risk Managed Income ETF (XRMI) is an exchange-traded fund that is based on the Cboe S&P 500 Risk Managed Income index. The fund tracks an index that holds S&P 500 stocks combined with an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.