Patten Group Inc. Has $1.56 Million Stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Patten Group Inc. increased its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 14.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 85,381 shares of the company’s stock after purchasing an additional 10,793 shares during the quarter. Patten Group Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,556,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in QYLD. Global X Japan Co. Ltd. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 22.8% during the 4th quarter. Global X Japan Co. Ltd. now owns 5,414,274 shares of the company’s stock worth $98,648,000 after acquiring an additional 1,005,072 shares in the last quarter. Sims Investment Management LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at approximately $13,764,000. LPL Financial LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 6.4% in the third quarter. LPL Financial LLC now owns 10,773,911 shares of the company’s stock valued at $194,361,000 after buying an additional 646,364 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth $10,444,000. Finally, Strategic Financial Concepts LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 1,740.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 473,999 shares of the company’s stock worth $8,636,000 after acquiring an additional 448,242 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $17.57 on Tuesday. The stock has a 50-day simple moving average of $18.45 and a 200 day simple moving average of $18.22. The stock has a market capitalization of $8.30 billion, a P/E ratio of 33.29 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $15.91 and a 52 week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were issued a dividend of $0.165 per share. The ex-dividend date of this dividend was Monday, February 24th.

Global X Nasdaq 100 Covered Call ETF Company 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.