Y Intercept Hong Kong Ltd Invests $391,000 in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Y Intercept Hong Kong Ltd bought a new stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,320 shares of the company’s stock, valued at approximately $391,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Spire Wealth Management increased its position in Global X S&P 500 Covered Call ETF by 112.3% in the fourth quarter. Spire Wealth Management now owns 849 shares of the company’s stock worth $36,000 after purchasing an additional 449 shares during the last quarter. Copley Financial Group Inc. purchased a new position in shares of Global X S&P 500 Covered Call ETF in the 3rd quarter worth $41,000. Fifth Third Bancorp grew its stake in shares of Global X S&P 500 Covered Call ETF by 182.2% in the 4th quarter. Fifth Third Bancorp now owns 4,679 shares of the company’s stock worth $196,000 after buying an additional 3,021 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF in the 4th quarter worth about $198,000. Finally, Ferguson Shapiro LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF during the 4th quarter valued at about $202,000.

Global X S&P 500 Covered Call ETF Stock Performance

NYSEARCA:XYLD opened at $41.20 on Tuesday. The firm has a market capitalization of $3.20 billion, a PE ratio of 26.63 and a beta of 0.65. The stock’s fifty day moving average is $42.37 and its 200 day moving average is $41.90. Global X S&P 500 Covered Call ETF has a fifty-two week low of $37.93 and a fifty-two week high of $43.43.

About Global X S&P 500 Covered Call ETF

The Global X S&P 500 Covered Call ETF (XYLD) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 100% of each stock. XYLD was launched on Jun 24, 2013 and is managed by Global X.