RiverFront Investment Group LLC decreased its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report) by 46.3% in the 4th quarter, Holdings Channel reports. The firm owned 70,724 shares of the company’s stock after selling 60,890 shares during the quarter. RiverFront Investment Group LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $2,874,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. bought a new position in Global X S&P 500 Covered Call ETF during the 3rd quarter worth approximately $67,135,000. Ameriprise Financial Inc. grew its position in shares of Global X S&P 500 Covered Call ETF by 15.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,692,576 shares of the company’s stock worth $66,507,000 after buying an additional 229,004 shares during the period. Brookstone Capital Management grew its position in shares of Global X S&P 500 Covered Call ETF by 2.2% during the 4th quarter. Brookstone Capital Management now owns 827,203 shares of the company’s stock worth $33,609,000 after buying an additional 17,545 shares during the period. Sims Investment Management LLC grew its position in shares of Global X S&P 500 Covered Call ETF by 1.5% during the 4th quarter. Sims Investment Management LLC now owns 412,816 shares of the company’s stock worth $16,773,000 after buying an additional 6,200 shares during the period. Finally, First Foundation Advisors grew its position in shares of Global X S&P 500 Covered Call ETF by 24.8% during the 3rd quarter. First Foundation Advisors now owns 260,958 shares of the company’s stock worth $10,245,000 after buying an additional 51,833 shares during the period.
Global X S&P 500 Covered Call ETF Price Performance
Shares of XYLD stock opened at $40.52 on Monday. The company has a market cap of $3.12 billion, a price-to-earnings ratio of 25.32 and a beta of 0.50. Global X S&P 500 Covered Call ETF has a 52 week low of $37.57 and a 52 week high of $41.10. The firm has a 50 day moving average of $39.90 and a 200-day moving average of $40.29.
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.
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Want to see what other hedge funds are holding XYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report).
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