PFG Investments LLC Sells 4,930 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

PFG Investments LLC cut its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 6.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,394 shares of the company’s stock after selling 4,930 shares during the period. PFG Investments LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $2,949,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of Global X S&P 500 Covered Call ETF by 3.6% in the 3rd quarter. LPL Financial LLC now owns 3,213,625 shares of the company’s stock valued at $133,365,000 after acquiring an additional 110,619 shares during the period. Brookstone Capital Management increased its holdings in shares of Global X S&P 500 Covered Call ETF by 3.8% in the 3rd quarter. Brookstone Capital Management now owns 720,709 shares of the company’s stock valued at $29,909,000 after acquiring an additional 26,585 shares during the period. Raymond James & Associates increased its holdings in shares of Global X S&P 500 Covered Call ETF by 9.8% in the 3rd quarter. Raymond James & Associates now owns 411,797 shares of the company’s stock valued at $17,090,000 after acquiring an additional 36,620 shares during the period. Principal Securities Inc. increased its holdings in shares of Global X S&P 500 Covered Call ETF by 3.0% in the 3rd quarter. Principal Securities Inc. now owns 408,501 shares of the company’s stock valued at $16,953,000 after acquiring an additional 11,755 shares during the period. Finally, Global X Japan Co. Ltd. increased its holdings in shares of Global X S&P 500 Covered Call ETF by 35.0% in the 3rd quarter. Global X Japan Co. Ltd. now owns 376,181 shares of the company’s stock valued at $15,612,000 after acquiring an additional 97,479 shares during the period.

Global X S&P 500 Covered Call ETF Price Performance

Shares of XYLD stock opened at $42.49 on Monday. Global X S&P 500 Covered Call ETF has a 1-year low of $37.93 and a 1-year high of $43.43. The stock’s fifty day moving average price is $42.29 and its 200 day moving average price is $41.50. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44.

Global X S&P 500 Covered Call ETF 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.