Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Sets New 52-Week High – Here’s What Happened

Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) shares reached a new 52-week high on Wednesday . The company traded as high as $42.34 and last traded at $42.33, with a volume of 92899 shares traded. The stock had previously closed at $42.32.

Global X S&P 500 Covered Call ETF Trading Up 0.1 %

The company’s 50-day simple moving average is $41.83 and its 200-day simple moving average is $41.06. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Copley Financial Group Inc. acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the third quarter valued at about $41,000. World Investment Advisors LLC bought a new stake in Global X S&P 500 Covered Call ETF in the third quarter valued at approximately $382,000. Sanctuary Advisors LLC increased its position in Global X S&P 500 Covered Call ETF by 1.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 17,829 shares of the company’s stock valued at $748,000 after purchasing an additional 300 shares during the period. Arete Wealth Advisors LLC raised its holdings in Global X S&P 500 Covered Call ETF by 3.0% during the 3rd quarter. Arete Wealth Advisors LLC now owns 13,896 shares of the company’s stock worth $576,000 after purchasing an additional 399 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of Global X S&P 500 Covered Call ETF by 9.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,564 shares of the company’s stock worth $231,000 after purchasing an additional 458 shares during the period.

Global X S&P 500 Covered Call ETF Company 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.