Copley Financial Group Inc. Makes New Investment in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Copley Financial Group Inc. purchased a new position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 988 shares of the company’s stock, valued at approximately $41,000.

Other large investors have also made changes to their positions in the company. CWM LLC increased its position in Global X S&P 500 Covered Call ETF by 31.9% in the 2nd quarter. CWM LLC now owns 3,075 shares of the company’s stock worth $124,000 after purchasing an additional 744 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Global X S&P 500 Covered Call ETF by 14.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 28,488 shares of the company’s stock worth $1,152,000 after purchasing an additional 3,575 shares during the last quarter. ORG Partners LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the second quarter worth $119,000. AdvisorNet Financial Inc acquired a new position in Global X S&P 500 Covered Call ETF during the 2nd quarter worth $153,000. Finally, Raymond James & Associates increased its stake in shares of Global X S&P 500 Covered Call ETF by 3.6% in the second quarter. Raymond James & Associates now owns 375,177 shares of the company’s stock worth $15,168,000 after purchasing an additional 12,971 shares during the period.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD traded up $0.04 during mid-day trading on Friday, hitting $42.37. The company’s stock had a trading volume of 39,484 shares, compared to its average volume of 410,143. Global X S&P 500 Covered Call ETF has a one year low of $37.93 and a one year high of $42.38. The stock’s 50-day moving average is $41.83 and its two-hundred day moving average is $41.06. The firm has a market capitalization of $2.97 billion, a PE ratio of 20.31 and a beta of 0.44.

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.