Essex Financial Services Inc. Trims Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Essex Financial Services Inc. reduced its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 9.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,774 shares of the company’s stock after selling 3,431 shares during the quarter. Essex Financial Services Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $579,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in QYLD. Sapient Capital LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the 3rd quarter valued at about $222,000. Creative Planning boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 25.5% in the third quarter. Creative Planning now owns 36,446 shares of the company’s stock valued at $657,000 after purchasing an additional 7,406 shares during the period. NBC Securities Inc. grew its stake in Global X Nasdaq 100 Covered Call ETF by 22.4% in the third quarter. NBC Securities Inc. now owns 33,471 shares of the company’s stock worth $603,000 after purchasing an additional 6,135 shares in the last quarter. Prospect Financial Services LLC increased its holdings in Global X Nasdaq 100 Covered Call ETF by 16.0% during the 3rd quarter. Prospect Financial Services LLC now owns 21,561 shares of the company’s stock worth $389,000 after purchasing an additional 2,980 shares during the period. Finally, Good Life Advisors LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 128.8% during the 3rd quarter. Good Life Advisors LLC now owns 100,982 shares of the company’s stock valued at $1,822,000 after purchasing an additional 56,855 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.1 %

QYLD opened at $18.69 on Thursday. The company has a market capitalization of $8.83 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $15.91 and a 12-month high of $18.81. The business’s fifty day simple moving average is $18.45 and its 200-day simple moving average is $18.09.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

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

Global X Nasdaq 100 Covered Call ETF Company 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.