Newbridge Financial Services Group Inc. Has $6.81 Million Stake in Global X S&P 500 Covered Call ETF $XYLD

Newbridge Financial Services Group Inc. reduced its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 21.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 174,770 shares of the company’s stock after selling 46,857 shares during the quarter. Global X S&P 500 Covered Call ETF makes up about 1.1% of Newbridge Financial Services Group Inc.’s portfolio, making the stock its 25th biggest holding. Newbridge Financial Services Group Inc. owned 0.22% of Global X S&P 500 Covered Call ETF worth $6,806,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in XYLD. Ameriprise Financial Inc. lifted its holdings in Global X S&P 500 Covered Call ETF by 14.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,463,572 shares of the company’s stock valued at $57,007,000 after purchasing an additional 183,859 shares during the last quarter. Global X Japan Co. Ltd. raised its position in shares of Global X S&P 500 Covered Call ETF by 18.5% in the second quarter. Global X Japan Co. Ltd. now owns 840,761 shares of the company’s stock valued at $32,739,000 after purchasing an additional 131,160 shares during the period. Brookstone Capital Management lifted its stake in shares of Global X S&P 500 Covered Call ETF by 5.1% during the 2nd quarter. Brookstone Capital Management now owns 822,531 shares of the company’s stock worth $32,029,000 after buying an additional 39,828 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 7.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 625,045 shares of the company’s stock worth $24,339,000 after buying an additional 44,832 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 1.1% during the 1st quarter. Royal Bank of Canada now owns 591,638 shares of the company’s stock worth $23,363,000 after buying an additional 6,670 shares during the period.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD opened at $40.50 on Friday. The firm has a market cap of $3.10 billion, a P/E ratio of 25.32 and a beta of 0.53. 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 firm’s 50-day simple moving average is $39.92 and its 200 day simple moving average is $39.29.

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.