Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) Hits New 52-Week High – Here’s Why

Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLDGet Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as $16.02 and last traded at $16.01, with a volume of 939924 shares. The stock had previously closed at $15.87.

Global X Russell 2000 Covered Call ETF Stock Performance

The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 15.90 and a beta of 0.54. The stock’s fifty day simple moving average is $15.58 and its 200-day simple moving average is $15.48.

Institutional Trading of Global X Russell 2000 Covered Call ETF

Several hedge funds have recently modified their holdings of the stock. SageGuard Financial Group LLC acquired a new position in Global X Russell 2000 Covered Call ETF during the 4th quarter worth $1,182,000. CreativeOne Wealth LLC increased its holdings in Global X Russell 2000 Covered Call ETF by 55.5% during the 3rd quarter. CreativeOne Wealth LLC now owns 106,069 shares of the company’s stock worth $1,596,000 after purchasing an additional 37,867 shares during the period. PMG Family Office LLC acquired a new stake in Global X Russell 2000 Covered Call ETF in the 3rd quarter valued at about $860,000. Group One Trading LLC raised its position in Global X Russell 2000 Covered Call ETF by 1,559.4% in the 3rd quarter. Group One Trading LLC now owns 57,995 shares of the company’s stock valued at $873,000 after purchasing an additional 54,500 shares in the last quarter. Finally, Copley Financial Group Inc. purchased a new position in shares of Global X Russell 2000 Covered Call ETF in the 3rd quarter valued at about $156,000.

Global X Russell 2000 Covered Call ETF Company Profile

(Get Free Report)

The Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund that is based on the CBOE Russell 2000 BuyWrite index. The fund tracks a market-cap selected and weighted index along with call options for the underlying index. RYLD was launched on Apr 17, 2019 and is managed by Global X.

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