Newbridge Financial Services Group Inc. Purchases 17,049 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Newbridge Financial Services Group Inc. increased its position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 12.3% during the fourth quarter, Holdings Channel reports. The firm owned 155,868 shares of the company’s stock after buying an additional 17,049 shares during the quarter. Global X S&P 500 Covered Call ETF makes up approximately 1.7% of Newbridge Financial Services Group Inc.’s portfolio, making the stock its 12th largest holding. Newbridge Financial Services Group Inc.’s holdings in Global X S&P 500 Covered Call ETF were worth $6,531,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of XYLD. LPL Financial LLC grew its holdings in 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 buying an additional 110,619 shares in the last quarter. Raymond James & Associates grew its position in shares of Global X S&P 500 Covered Call ETF by 9.8% during the 3rd quarter. Raymond James & Associates now owns 411,797 shares of the company’s stock worth $17,090,000 after purchasing an additional 36,620 shares in the last quarter. Principal Securities Inc. increased its holdings in shares of Global X S&P 500 Covered Call ETF by 3.0% during the third quarter. Principal Securities Inc. now owns 408,501 shares of the company’s stock worth $16,953,000 after purchasing an additional 11,755 shares during the period. Global X Japan Co. Ltd. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 4.3% in the fourth quarter. Global X Japan Co. Ltd. now owns 392,323 shares of the company’s stock valued at $16,438,000 after buying an additional 16,142 shares during the period. Finally, Private Advisor Group LLC increased its stake in Global X S&P 500 Covered Call ETF by 50.8% during the 3rd quarter. Private Advisor Group LLC now owns 239,861 shares of the company’s stock worth $9,954,000 after acquiring an additional 80,787 shares during the period.

Global X S&P 500 Covered Call ETF Price Performance

Shares of NYSEARCA XYLD opened at $42.50 on Friday. The stock has a market capitalization of $2.98 billion, a PE ratio of 20.31 and a beta of 0.44. Global X S&P 500 Covered Call ETF has a fifty-two week low of $37.93 and a fifty-two week high of $43.43. The business has a fifty day moving average price of $42.38 and a two-hundred day moving average price of $41.61.

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.