Weaver Consulting Group Lowers Holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Weaver Consulting Group trimmed its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 6.8% in the 1st quarter, HoldingsChannel reports. The firm owned 8,904 shares of the company’s stock after selling 646 shares during the quarter. Weaver Consulting Group’s holdings in Global X S&P 500 Covered Call ETF were worth $363,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. bought a new position in Global X S&P 500 Covered Call ETF during the fourth quarter valued at approximately $36,000. Cape Investment Advisory Inc. boosted its position in shares of Global X S&P 500 Covered Call ETF by 901.0% during the 4th quarter. Cape Investment Advisory Inc. now owns 2,002 shares of the company’s stock valued at $79,000 after acquiring an additional 1,802 shares during the last quarter. Core Wealth Advisors Inc. grew its holdings in shares of Global X S&P 500 Covered Call ETF by 39.1% in the fourth quarter. Core Wealth Advisors Inc. now owns 2,510 shares of the company’s stock valued at $99,000 after purchasing an additional 705 shares in the last quarter. Garner Asset Management Corp bought a new stake in Global X S&P 500 Covered Call ETF in the fourth quarter worth $100,000. Finally, Spire Wealth Management raised its stake in Global X S&P 500 Covered Call ETF by 14.3% during the fourth quarter. Spire Wealth Management now owns 3,197 shares of the company’s stock valued at $128,000 after purchasing an additional 400 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

XYLD stock traded down $0.03 during trading on Friday, hitting $40.43. 727,501 shares of the company’s stock traded hands, compared to its average volume of 424,817. Global X S&P 500 Covered Call ETF has a 52 week low of $37.49 and a 52 week high of $41.54. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. The business has a fifty day simple moving average of $40.23 and a 200 day simple moving average of $40.11.

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.