HBW Advisory Services LLC Sells 2,451 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

HBW Advisory Services LLC reduced its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 7.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,386 shares of the company’s stock after selling 2,451 shares during the period. HBW Advisory Services LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $1,357,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC increased its position in shares of Global X S&P 500 Covered Call ETF by 13.4% during the second quarter. LPL Financial LLC now owns 3,103,006 shares of the company’s stock worth $125,455,000 after acquiring an additional 366,810 shares in the last quarter. One Capital Management LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF during the second quarter worth about $8,968,000. Proficio Capital Partners LLC increased its position in shares of Global X S&P 500 Covered Call ETF by 1,322.1% during the third quarter. Proficio Capital Partners LLC now owns 168,665 shares of the company’s stock worth $7,000,000 after acquiring an additional 156,805 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Global X S&P 500 Covered Call ETF by 33.8% during the second quarter. Envestnet Asset Management Inc. now owns 538,183 shares of the company’s stock worth $21,759,000 after acquiring an additional 135,930 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF during the second quarter worth about $42,000.

Global X S&P 500 Covered Call ETF Price Performance

Shares of NYSEARCA:XYLD traded down $0.33 during midday trading on Friday, hitting $41.83. 429,654 shares of the company’s stock were exchanged, compared to its average volume of 514,393. The stock has a 50 day moving average price of $42.19 and a 200-day moving average price of $41.36. The company has a market cap of $2.93 billion, a PE ratio of 20.31 and a beta of 0.44. Global X S&P 500 Covered Call ETF has a 12 month low of $37.93 and a 12 month high of $43.43.

Global X S&P 500 Covered Call ETF Company 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.