Prevail Innovative Wealth Advisors LLC Grows Stock Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Prevail Innovative Wealth Advisors LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 26.7% during the third quarter, Holdings Channel.com reports. The fund owned 191,458 shares of the company’s stock after acquiring an additional 40,381 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $3,257,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in QYLD. Global X Japan Co. Ltd. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 15.2% in the third quarter. Global X Japan Co. Ltd. now owns 13,275,162 shares of the company’s stock valued at $225,811,000 after purchasing an additional 1,752,324 shares in the last quarter. Bensler LLC increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4,648.8% during the 2nd quarter. Bensler LLC now owns 1,261,192 shares of the company’s stock worth $21,087,000 after purchasing an additional 1,234,634 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 1,175.4% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 1,047,067 shares of the company’s stock worth $17,507,000 after purchasing an additional 964,971 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 22.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock worth $52,883,000 after purchasing an additional 571,203 shares in the last quarter. Finally, Beta Wealth Group Inc. acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 3rd quarter worth approximately $9,079,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

QYLD stock opened at $17.45 on Friday. The stock’s 50 day moving average price is $17.70 and its 200 day moving average price is $17.38. The firm has a market cap of $8.16 billion, a P/E ratio of 32.28 and a beta of 0.65. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.00.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Monday, February 23rd were issued a $0.1771 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date of this dividend was Monday, February 23rd.

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.