Elevatus Welath Management Purchases New Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Elevatus Welath Management acquired a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 10,826 shares of the company’s stock, valued at approximately $197,000.

A number of other hedge funds have also bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at about $72,550,000. LPL Financial LLC grew its stake in Global X Nasdaq 100 Covered Call ETF by 13.7% during the fourth quarter. LPL Financial LLC now owns 12,248,780 shares of the company’s stock valued at $223,173,000 after acquiring an additional 1,474,869 shares in the last quarter. Global X Japan Co. Ltd. increased its holdings in Global X Nasdaq 100 Covered Call ETF by 22.8% during the 4th quarter. Global X Japan Co. Ltd. now owns 5,414,274 shares of the company’s stock worth $98,648,000 after acquiring an additional 1,005,072 shares during the period. Sims Investment Management LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth approximately $13,764,000. Finally, SBI Securities Co. Ltd. bought a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at $10,444,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD opened at $16.01 on Friday. The firm has a market capitalization of $8.04 billion, a P/E ratio of 30.23 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a one year low of $14.48 and a one year high of $18.89. The company has a fifty day moving average price of $17.07 and a 200-day moving average price of $17.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 24th were given a dividend of $0.1703 per share. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.17. The ex-dividend date was Monday, March 24th.

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.