Pin Oak Investment Advisors Inc. Acquires 24,495 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Pin Oak Investment Advisors Inc. grew its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 44,536.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,550 shares of the company’s stock after purchasing an additional 24,495 shares during the quarter. Global X S&P 500 Covered Call ETF makes up approximately 0.9% of Pin Oak Investment Advisors Inc.’s investment portfolio, making the stock its 23rd largest position. Pin Oak Investment Advisors Inc.’s holdings in Global X S&P 500 Covered Call ETF were worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Cetera Investment Advisers raised its position in shares of Global X S&P 500 Covered Call ETF by 585.9% in the 1st quarter. Cetera Investment Advisers now owns 380,329 shares of the company’s stock worth $15,514,000 after acquiring an additional 324,879 shares in the last quarter. Cetera Advisors LLC raised its holdings in Global X S&P 500 Covered Call ETF by 170.6% in the first quarter. Cetera Advisors LLC now owns 51,234 shares of the company’s stock worth $2,090,000 after purchasing an additional 32,300 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of Global X S&P 500 Covered Call ETF during the second quarter valued at about $33,000. CWM LLC boosted its holdings in shares of 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 valued at $124,000 after buying an additional 744 shares in the last quarter. Finally, Juncture Wealth Strategies LLC grew its position in shares of Global X S&P 500 Covered Call ETF by 6.1% in the 2nd quarter. Juncture Wealth Strategies LLC now owns 127,768 shares of the company’s stock worth $5,166,000 after buying an additional 7,339 shares during the last quarter.

Global X S&P 500 Covered Call ETF Stock Down 0.1 %

NYSEARCA XYLD opened at $42.05 on Thursday. Global X S&P 500 Covered Call ETF has a 52 week low of $37.93 and a 52 week high of $42.23. The company has a 50 day moving average price of $41.63 and a 200 day moving average price of $40.90. The firm has a market cap of $2.95 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.