NewEdge Advisors LLC Purchases 6,658 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

NewEdge Advisors LLC grew its position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 22.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 36,402 shares of the company’s stock after buying an additional 6,658 shares during the period. NewEdge Advisors LLC owned approximately 0.05% of Global X S&P 500 Covered Call ETF worth $1,472,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in XYLD. Wealth Enhancement Advisory Services LLC raised its holdings in Global X S&P 500 Covered Call ETF by 1.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 24,913 shares of the company’s stock worth $1,016,000 after acquiring an additional 373 shares during the last quarter. Mattern Wealth Management LLC lifted its holdings in shares of Global X S&P 500 Covered Call ETF by 7.1% during the first quarter. Mattern Wealth Management LLC now owns 7,781 shares of the company’s stock valued at $317,000 after purchasing an additional 516 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Global X S&P 500 Covered Call ETF by 3.5% during the second quarter. Nations Financial Group Inc. IA ADV now owns 16,413 shares of the company’s stock valued at $664,000 after purchasing an additional 550 shares in the last quarter. Bensler LLC boosted its position in shares of Global X S&P 500 Covered Call ETF by 2.8% during the second quarter. Bensler LLC now owns 22,331 shares of the company’s stock valued at $903,000 after buying an additional 611 shares during the last quarter. Finally, Chilton Capital Management LLC bought a new stake in Global X S&P 500 Covered Call ETF in the 1st quarter worth about $25,000.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of NYSEARCA:XYLD opened at $41.55 on Friday. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. The business has a 50-day simple moving average of $40.83 and a two-hundred day simple moving average of $40.55. Global X S&P 500 Covered Call ETF has a fifty-two week low of $37.49 and a fifty-two week high of $41.65.

About Global X S&P 500 Covered Call ETF

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.