Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Stock Price Down 0.3% – Should You Sell?

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGGet Free Report)’s share price dropped 0.3% during mid-day trading on Thursday . The stock traded as low as $26.78 and last traded at $27.03. Approximately 43,642 shares were traded during trading, a decline of 15% from the average daily volume of 51,347 shares. The stock had previously closed at $27.11.

Nasdaq 100 Covered Call & Growth ETF Stock Down 1.3%

The firm has a market capitalization of $135.74 million, a PE ratio of 33.07 and a beta of 0.89. The business’s fifty day moving average price is $27.32 and its 200 day moving average price is $28.74.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Monday, February 23rd were issued a $0.1464 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%.

Hedge Funds Weigh In On Nasdaq 100 Covered Call & Growth ETF

An institutional investor recently raised its position in Nasdaq 100 Covered Call & Growth ETF stock. Triumph Capital Management raised its position in Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGFree Report) by 4.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 16,299 shares of the company’s stock after buying an additional 723 shares during the quarter. Triumph Capital Management owned about 0.40% of Nasdaq 100 Covered Call & Growth ETF worth $478,000 as of its most recent filing with the SEC.

Nasdaq 100 Covered Call & Growth ETF Company Profile

(Get Free Report)

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth. QYLG was launched on Sep 18, 2020 and is managed by Global X.

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