CAP Partners LLC Cuts Stock Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

CAP Partners LLC reduced its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 5.6% during the fourth quarter, Holdings Channel reports. The firm owned 13,594 shares of the company’s stock after selling 804 shares during the quarter. CAP Partners LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $570,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in XYLD. Newbridge Financial Services Group Inc. boosted its holdings in Global X S&P 500 Covered Call ETF by 12.3% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 155,868 shares of the company’s stock worth $6,531,000 after acquiring an additional 17,049 shares in the last quarter. AlphaStar Capital Management LLC purchased a new stake in Global X S&P 500 Covered Call ETF during the fourth quarter valued at $763,000. Solutions 4 Wealth Ltd increased its position in shares of Global X S&P 500 Covered Call ETF by 9.6% during the 4th quarter. Solutions 4 Wealth Ltd now owns 8,125 shares of the company’s stock valued at $340,000 after purchasing an additional 715 shares during the last quarter. Global X Japan Co. Ltd. grew its position in Global X S&P 500 Covered Call ETF by 4.3% during 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, Strategic Financial Concepts LLC purchased a new stake in Global X S&P 500 Covered Call ETF during the fourth quarter valued at approximately $4,565,000.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of Global X S&P 500 Covered Call ETF stock opened at $42.64 on Tuesday. The stock has a market cap of $2.99 billion, a P/E ratio of 20.31 and a beta of 0.44. The stock’s fifty day moving average is $42.39 and its 200 day moving average is $41.64. Global X S&P 500 Covered Call ETF has a one year low of $37.93 and a one year high of $43.43.

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.