Commonwealth Equity Services LLC Cuts Holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Commonwealth Equity Services LLC trimmed its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 5.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 199,496 shares of the company’s stock after selling 12,546 shares during the period. Commonwealth Equity Services LLC owned approximately 0.28% of Global X S&P 500 Covered Call ETF worth $8,359,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 1,078.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,152 shares of the company’s stock worth $546,000 after buying an additional 12,036 shares during the last quarter. Park Avenue Securities LLC boosted its stake in shares of Global X S&P 500 Covered Call ETF by 13.8% in the 4th quarter. Park Avenue Securities LLC now owns 17,109 shares of the company’s stock worth $717,000 after buying an additional 2,077 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in shares of Global X S&P 500 Covered Call ETF in the 4th quarter worth $391,000. Steward Partners Investment Advisory LLC boosted its stake in shares of Global X S&P 500 Covered Call ETF by 110.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 11,378 shares of the company’s stock worth $477,000 after buying an additional 5,975 shares during the last quarter. Finally, Atomi Financial Group Inc. purchased a new position in shares of Global X S&P 500 Covered Call ETF in the 4th quarter worth $210,000.

Global X S&P 500 Covered Call ETF Price Performance

XYLD stock opened at $40.07 on Friday. Global X S&P 500 Covered Call ETF has a 1 year low of $37.93 and a 1 year high of $43.43. The stock’s fifty day moving average price is $41.75 and its 200-day moving average price is $41.79. The company has a market cap of $3.10 billion, a P/E ratio of 25.09 and a beta of 0.63.

Global X S&P 500 Covered Call ETF Profile

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.