Strategic Financial Concepts LLC Invests $4.57 Million in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Strategic Financial Concepts LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 108,940 shares of the company’s stock, valued at approximately $4,565,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its stake in shares of Global X S&P 500 Covered Call ETF by 3.6% during the third quarter. LPL Financial LLC now owns 3,213,625 shares of the company’s stock valued at $133,365,000 after acquiring an additional 110,619 shares during the last quarter. Raymond James & Associates increased its holdings in 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 valued at $17,090,000 after purchasing an additional 36,620 shares during the period. Principal Securities Inc. raised its position in Global X S&P 500 Covered Call ETF by 3.0% during the 3rd quarter. Principal Securities Inc. now owns 408,501 shares of the company’s stock valued at $16,953,000 after purchasing an additional 11,755 shares during the last quarter. Global X Japan Co. Ltd. lifted its holdings in Global X S&P 500 Covered Call ETF by 35.0% in the 3rd quarter. Global X Japan Co. Ltd. now owns 376,181 shares of the company’s stock worth $15,612,000 after buying an additional 97,479 shares during the period. Finally, Private Advisor Group LLC grew its position in shares of Global X S&P 500 Covered Call ETF by 50.8% in the 3rd quarter. Private Advisor Group LLC now owns 239,861 shares of the company’s stock worth $9,954,000 after buying an additional 80,787 shares during the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

XYLD opened at $42.50 on Monday. Global X S&P 500 Covered Call ETF has a 52-week low of $37.93 and a 52-week high of $43.43. The stock has a market capitalization of $2.98 billion, a PE ratio of 20.31 and a beta of 0.44. The stock’s 50 day moving average price is $42.38 and its 200-day moving average price is $41.62.

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.