S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) Stock Price Up 0.5% – Time to Buy?

S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) shares shot up 0.5% on Monday . The stock traded as high as $26.46 and last traded at $26.46. 14,212 shares changed hands during trading, a decline of 10% from the average session volume of 15,729 shares. The stock had previously closed at $26.33.

S&P 500 Covered Call & Growth ETF Stock Up 0.6 %

The stock has a market cap of $60.27 million, a PE ratio of 24.74 and a beta of 0.82. The stock has a fifty day moving average of $27.73 and a 200-day moving average of $30.34.

Institutional Investors Weigh In On S&P 500 Covered Call & Growth ETF

A hedge fund recently bought a new stake in S&P 500 Covered Call & Growth ETF stock. OLD Mission Capital LLC acquired a new stake in S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 13,928 shares of the company’s stock, valued at approximately $388,000. OLD Mission Capital LLC owned 0.61% of S&P 500 Covered Call & Growth ETF as of its most recent filing with the Securities and Exchange Commission.

About S&P 500 Covered Call & Growth ETF

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.