Shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $28.77 and traded as high as $29.05. Nasdaq 100 Covered Call & Growth ETF shares last traded at $28.85, with a volume of 41,723 shares trading hands.
Nasdaq 100 Covered Call & Growth ETF Price Performance
The stock has a market cap of $182.87 million, a PE ratio of 26.38 and a beta of 0.92. The business has a 50 day moving average price of $29.74 and a two-hundred day moving average price of $28.78.
Nasdaq 100 Covered Call & Growth ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Thursday, October 22nd. Investors of record on Monday, October 19th were issued a dividend of $0.17 per share. The ex-dividend date was Monday, October 19th. This represents a $2.04 dividend on an annualized basis and a yield of 7.2%. This is an increase from Nasdaq 100 Covered Call & Growth ETF’s previous monthly dividend of $0.1398.
Institutional Investors Weigh In On Nasdaq 100 Covered Call & Growth ETF
Institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its holdings in Nasdaq 100 Covered Call & Growth ETF by 536.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 32,220 shares of the company’s stock worth $980,000 after acquiring an additional 27,161 shares during the last quarter. Oarsman Capital Inc. purchased a new position in shares of Nasdaq 100 Covered Call & Growth ETF in the second quarter valued at about $1,136,000. Finally, Harbour Investments Inc. purchased a new position in shares of Nasdaq 100 Covered Call & Growth ETF in the third quarter valued at about $51,000.
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.
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