Arete Wealth Advisors LLC Buys 2,980 Shares of Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI)

Arete Wealth Advisors LLC boosted its stake in Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) by 9.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 34,846 shares of the company’s stock after buying an additional 2,980 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Global X NASDAQ 100 Risk Managed Income ETF were worth $607,000 as of its most recent SEC filing.

Separately, SBI Securities Co. Ltd. purchased a new stake in shares of Global X NASDAQ 100 Risk Managed Income ETF in the fourth quarter valued at about $85,000.

Global X NASDAQ 100 Risk Managed Income ETF Stock Performance

Global X NASDAQ 100 Risk Managed Income ETF stock opened at $16.22 on Friday. The stock has a market cap of $17.19 million, a PE ratio of 31.98 and a beta of 0.39. Global X NASDAQ 100 Risk Managed Income ETF has a fifty-two week low of $16.14 and a fifty-two week high of $17.77. The firm’s 50-day simple moving average is $17.12 and its 200 day simple moving average is $17.17.

Global X NASDAQ 100 Risk Managed Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 24th were paid a $0.1679 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Global X NASDAQ 100 Risk Managed Income ETF Company Profile

The Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that holds NASDAQ 100 stocks while employing an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.