Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers boosted its stake in shares of Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI) by 8.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 92,008 shares of the company’s stock after acquiring an additional 6,838 shares during the quarter. Cetera Investment Advisers owned 5.14% of Global X S&P 500 Risk Managed Income ETF worth $1,733,000 at the end of the most recent reporting period.

Global X S&P 500 Risk Managed Income ETF Stock Performance

Shares of NYSEARCA XRMI opened at $19.17 on Tuesday. Global X S&P 500 Risk Managed Income ETF has a one year low of $18.03 and a one year high of $19.69. The firm has a fifty day moving average of $18.92 and a 200 day moving average of $18.91. The firm has a market cap of $34.31 million, a PE ratio of 19.00 and a beta of 0.36.

About Global X S&P 500 Risk Managed Income ETF

The Global X S&P 500 Risk Managed Income ETF (XRMI) is an exchange-traded fund that is based on the Cboe S&P 500 Risk Managed Income index. The fund tracks an index that holds S&P 500 stocks combined with an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.