Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Stock Price Down 1.2% – Here’s What Happened

Shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) fell 1.2% on Monday . The stock traded as low as $29.15 and last traded at $29.29. 60,427 shares were traded during trading, an increase of 35% from the average daily volume of 44,650 shares. The stock had previously closed at $29.64.

Nasdaq 100 Covered Call & Growth ETF Stock Performance

The business’s 50 day moving average is $29.51 and its 200-day moving average is $28.44. The stock has a market cap of $158.75 million, a price-to-earnings ratio of 33.07 and a beta of 0.91.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, August 27th. Shareholders of record on Monday, August 24th will be issued a dividend of $0.1709 per share. The ex-dividend date of this dividend is Monday, August 24th.

Institutional Trading of Nasdaq 100 Covered Call & Growth ETF

An institutional investor recently raised its stake in Nasdaq 100 Covered Call & Growth ETF stock. Triumph Capital Management raised its position in shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) by 4.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,299 shares of the company’s stock after acquiring an additional 723 shares during the quarter. Triumph Capital Management owned approximately 0.40% of Nasdaq 100 Covered Call & Growth ETF worth $478,000 as of its most recent SEC filing.

About Nasdaq 100 Covered Call & Growth ETF

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.