Financial Advocates Investment Management Sells 24,803 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Financial Advocates Investment Management reduced its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 18.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,598 shares of the company’s stock after selling 24,803 shares during the period. Financial Advocates Investment Management’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $2,015,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in QYLD. First Heartland Consultants Inc. increased its holdings in Global X Nasdaq 100 Covered Call ETF by 3.7% during the 3rd quarter. First Heartland Consultants Inc. now owns 15,777 shares of the company’s stock worth $285,000 after acquiring an additional 567 shares during the period. Wealth Effects LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 0.9% during the 4th quarter. Wealth Effects LLC now owns 71,704 shares of the company’s stock valued at $1,306,000 after purchasing an additional 625 shares in the last quarter. Avior Wealth Management LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 4.1% in the fourth quarter. Avior Wealth Management LLC now owns 18,520 shares of the company’s stock worth $337,000 after purchasing an additional 723 shares during the period. Signature Estate & Investment Advisors LLC raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 1.4% in the third quarter. Signature Estate & Investment Advisors LLC now owns 54,617 shares of the company’s stock worth $985,000 after buying an additional 731 shares in the last quarter. Finally, Retirement Financial Solutions LLC boosted its stake in Global X Nasdaq 100 Covered Call ETF by 1.8% during the third quarter. Retirement Financial Solutions LLC now owns 40,518 shares of the company’s stock valued at $731,000 after buying an additional 732 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.3 %

Global X Nasdaq 100 Covered Call ETF stock opened at $18.64 on Friday. The business has a 50-day simple moving average of $18.41 and a 200 day simple moving average of $18.05. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $15.91 and a 52 week high of $18.81. The stock has a market cap of $8.81 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 28th. Stockholders of record on Tuesday, January 21st were issued a dividend of $0.1877 per share. The ex-dividend date was Tuesday, January 21st.

Global X Nasdaq 100 Covered Call ETF Profile

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.