Howard Wealth Management LLC Increases Holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Howard Wealth Management LLC increased its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 7.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 11,663 shares of the company’s stock after buying an additional 781 shares during the quarter. Howard Wealth Management LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $489,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the stock. Nations Financial Group Inc. IA ADV grew its position in shares of Global X S&P 500 Covered Call ETF by 3.7% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 16,623 shares of the company’s stock valued at $697,000 after purchasing an additional 600 shares in the last quarter. Littlejohn Financial Services Inc. purchased a new position in shares of Global X S&P 500 Covered Call ETF in the fourth quarter valued at $2,377,000. Newport Capital Group LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF in the fourth quarter valued at $1,263,000. Investment Partners Asset Management Inc. grew its position in shares of Global X S&P 500 Covered Call ETF by 2.4% in the fourth quarter. Investment Partners Asset Management Inc. now owns 77,516 shares of the company’s stock valued at $3,248,000 after purchasing an additional 1,843 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. grew its position in shares of 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 valued at $6,531,000 after purchasing an additional 17,049 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Up 0.1 %

Global X S&P 500 Covered Call ETF stock opened at $42.82 on Friday. 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 business has a 50-day simple moving average of $42.43 and a 200 day simple moving average of $41.69. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44.

About Global X S&P 500 Covered Call ETF

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.