JPMorgan Chase & Co. Boosts Stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

JPMorgan Chase & Co. lifted its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 14.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 382,844 shares of the company’s stock after purchasing an additional 48,618 shares during the period. JPMorgan Chase & Co. owned about 0.08% of Global X Nasdaq 100 Covered Call ETF worth $6,907,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Crewe Advisors LLC increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 601.6% in the third quarter. Crewe Advisors LLC now owns 1,712 shares of the company’s stock valued at $31,000 after buying an additional 1,468 shares in the last quarter. Copley Financial Group Inc. acquired a new stake in Global X Nasdaq 100 Covered Call ETF in the 3rd quarter valued at $35,000. Oliver Lagore Vanvalin Investment Group grew its stake in Global X Nasdaq 100 Covered Call ETF by 46.5% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 2,930 shares of the company’s stock valued at $52,000 after acquiring an additional 930 shares during the period. EverSource Wealth Advisors LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the 2nd quarter worth $67,000. Finally, Darwin Wealth Management LLC acquired a new position in Global X Nasdaq 100 Covered Call ETF during the third quarter worth $70,000.

Global X Nasdaq 100 Covered Call ETF Stock Up 1.9 %

QYLD opened at $18.51 on Thursday. The company has a market cap of $8.59 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The firm’s fifty day simple moving average is $18.34 and its two-hundred day simple moving average is $17.99. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $15.91 and a 52-week high of $18.81.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.3386 dividend. The ex-dividend date was Monday, December 30th. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.18.

Global X Nasdaq 100 Covered Call ETF Profile

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.