Iron Horse Wealth Management LLC increased its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report) by 9.3% during the third quarter, HoldingsChannel reports. The firm owned 17,234 shares of the company’s stock after buying an additional 1,470 shares during the period. Global X S&P 500 Covered Call ETF comprises 0.2% of Iron Horse Wealth Management LLC’s portfolio, making the stock its 21st biggest holding. Iron Horse Wealth Management LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $715,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. PNC Financial Services Group Inc. purchased a new position in shares of Global X S&P 500 Covered Call ETF in the 4th quarter worth $36,000. Park Avenue Securities LLC purchased a new position in Global X S&P 500 Covered Call ETF during the first quarter valued at $399,000. Brookstone Capital Management lifted its position in shares of Global X S&P 500 Covered Call ETF by 0.5% during the 1st quarter. Brookstone Capital Management now owns 724,105 shares of the company’s stock valued at $29,536,000 after buying an additional 3,643 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new stake in Global X S&P 500 Covered Call ETF during the 1st quarter worth approximately $269,000. Finally, Sandbox Financial Partners LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF during the 1st quarter valued at $286,000.
Global X S&P 500 Covered Call ETF Price Performance
Shares of NYSEARCA:XYLD traded down $0.13 during trading on Wednesday, hitting $41.31. 100,724 shares of the company’s stock were exchanged, compared to its average volume of 420,555. The business’s 50-day simple moving average is $41.32 and its 200 day simple moving average is $40.64. Global X S&P 500 Covered Call ETF has a 52-week low of $37.49 and a 52-week high of $41.92. The company has a market cap of $2.89 billion, a price-to-earnings 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.
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