Madison Wealth Partners Inc Has $1.35 Million Position in Global X S&P 500 Covered Call ETF $XYLD

Madison Wealth Partners Inc lifted its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 2.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,633 shares of the company’s stock after purchasing an additional 856 shares during the quarter. Madison Wealth Partners Inc’s holdings in Global X S&P 500 Covered Call ETF were worth $1,349,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Spire Wealth Management raised its position in shares of Global X S&P 500 Covered Call ETF by 42.4% during the first quarter. Spire Wealth Management now owns 1,209 shares of the company’s stock worth $48,000 after purchasing an additional 360 shares during the period. IMG Wealth Management Inc. raised its position in shares of Global X S&P 500 Covered Call ETF by 201.7% during the first quarter. IMG Wealth Management Inc. now owns 1,397 shares of the company’s stock worth $55,000 after purchasing an additional 934 shares during the period. AdvisorNet Financial Inc raised its position in shares of Global X S&P 500 Covered Call ETF by 20.4% during the second quarter. AdvisorNet Financial Inc now owns 1,894 shares of the company’s stock worth $74,000 after purchasing an additional 321 shares during the period. NorthRock Partners LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF during the first quarter worth about $99,000. Finally, IFP Advisors Inc raised its position in shares of Global X S&P 500 Covered Call ETF by 6.8% during the first quarter. IFP Advisors Inc now owns 4,352 shares of the company’s stock worth $172,000 after purchasing an additional 277 shares during the period.

Global X S&P 500 Covered Call ETF Stock Performance

NYSEARCA:XYLD opened at $39.77 on Monday. The company has a market cap of $3.05 billion, a PE ratio of 25.32 and a beta of 0.72. Global X S&P 500 Covered Call ETF has a 52-week low of $34.53 and a 52-week high of $43.43. The stock has a 50-day simple moving average of $39.17 and a 200 day simple moving average of $38.72.

Global X S&P 500 Covered Call ETF 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.