S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) Trading 0.3% Higher – Here’s Why

S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG)’s stock price was up 0.3% during trading on Wednesday . The stock traded as high as $28.63 and last traded at $28.53. Approximately 9,139 shares were traded during trading, a decline of 77% from the average daily volume of 40,267 shares. The stock had previously closed at $28.44.

S&P 500 Covered Call & Growth ETF Stock Performance

The company has a market capitalization of $65.33 million, a PE ratio of 22.83 and a beta of 0.71. The company has a 50 day simple moving average of $30.53 and a 200 day simple moving average of $31.29.

Institutional Trading of S&P 500 Covered Call & Growth ETF

An institutional investor recently bought a new position in S&P 500 Covered Call & Growth ETF stock. NBC Securities Inc. acquired a new stake in S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,480 shares of the company’s stock, valued at approximately $47,000. NBC Securities Inc. owned 0.06% of S&P 500 Covered Call & Growth ETF as of its most recent filing with the Securities and Exchange Commission.

About S&P 500 Covered Call & Growth ETF

The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.