S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) Shares Down 0.6%

S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) traded down 0.6% during mid-day trading on Tuesday . The company traded as low as $31.76 and last traded at $31.91. 7,877 shares traded hands during trading, a decline of 29% from the average session volume of 11,154 shares. The stock had previously closed at $32.09.

S&P 500 Covered Call & Growth ETF Stock Performance

The business has a 50 day simple moving average of $31.14 and a 200-day simple moving average of $30.59. The stock has a market capitalization of $73.07 million, a P/E ratio of 22.83 and a beta of 0.71.

S&P 500 Covered Call & Growth ETF Company Profile

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.