Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) Trading 0.2% Higher – What’s Next?

Posted by Defense World Staff on Jan 7th, 2025

Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD – Get Free Report) shares traded up 0.2% during mid-day trading on Monday . The stock traded as high as $16.60 and last traded at $16.54. 890,358 shares traded hands during mid-day trading, an increase of 24% from the average session volume of 716,119 shares. The stock had previously closed at $16.50.

Global X Russell 2000 Covered Call ETF Trading Up 0.2 %

The stock’s 50 day moving average is $16.55 and its 200-day moving average is $16.23. The company has a market cap of $1.41 billion, a P/E ratio of 10.21 and a beta of 0.62.

Hedge Funds Weigh In On Global X Russell 2000 Covered Call ETF

A number of hedge funds have recently added to or reduced their stakes in RYLD. Foundations Investment Advisors LLC increased its holdings in Global X Russell 2000 Covered Call ETF by 18.5% in the 3rd quarter. Foundations Investment Advisors LLC now owns 27,673 shares of the company’s stock worth $447,000 after buying an additional 4,318 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of Global X Russell 2000 Covered Call ETF in the third quarter worth approximately $166,000. Mesirow Financial Investment Management Inc. grew its stake in shares of Global X Russell 2000 Covered Call ETF by 3.5% in the third quarter. Mesirow Financial Investment Management Inc. now owns 191,881 shares of the company’s stock worth $3,101,000 after acquiring an additional 6,566 shares during the period. LPL Financial LLC raised its holdings in shares of Global X Russell 2000 Covered Call ETF by 25.0% during the second quarter. LPL Financial LLC now owns 2,503,601 shares of the company’s stock valued at $40,133,000 after purchasing an additional 501,018 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its position in Global X Russell 2000 Covered Call ETF by 158.9% during the second quarter. Newbridge Financial Services Group Inc. now owns 70,862 shares of the company’s stock valued at $1,136,000 after purchasing an additional 43,487 shares during the period.