Invera Wealth Advisors LLC Has $249,000 Stock Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Invera Wealth Advisors LLC trimmed its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 11.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 13,387 shares of the company’s stock after selling 1,650 shares during the quarter. Invera Wealth Advisors LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $249,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QYLD. Kestra Investment Management LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at $25,000. Crewe Advisors LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 601.6% in the 3rd quarter. Crewe Advisors LLC now owns 1,712 shares of the company’s stock valued at $31,000 after purchasing an additional 1,468 shares during the period. Copley Financial Group Inc. bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 3rd quarter valued at about $35,000. Darwin Wealth Management LLC acquired a new stake in Global X Nasdaq 100 Covered Call ETF during the third quarter worth approximately $70,000. Finally, AdvisorNet Financial Inc increased its holdings in Global X Nasdaq 100 Covered Call ETF by 141.8% in the fourth quarter. AdvisorNet Financial Inc now owns 3,862 shares of the company’s stock worth $70,000 after purchasing an additional 2,265 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of QYLD opened at $18.81 on Thursday. The firm has a market cap of $8.89 billion, a PE ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $15.91 and a 52-week high of $18.81. The business’s 50 day moving average price is $18.50 and its two-hundred day moving average price is $18.15.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

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

About Global X Nasdaq 100 Covered Call ETF

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.