RiverFront Investment Group LLC Sells 60,890 Shares of Global X S&P 500 Covered Call ETF $XYLD

RiverFront Investment Group LLC lowered its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 46.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,724 shares of the company’s stock after selling 60,890 shares during the quarter. RiverFront Investment Group LLC owned approximately 0.09% of Global X S&P 500 Covered Call ETF worth $2,874,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in XYLD. Sumitomo Life Insurance Co. bought a new position in shares of Global X S&P 500 Covered Call ETF in the third quarter worth about $67,135,000. Ameriprise Financial Inc. lifted its holdings in shares of Global X S&P 500 Covered Call ETF by 15.6% in the third quarter. Ameriprise Financial Inc. now owns 1,692,576 shares of the company’s stock worth $66,507,000 after acquiring an additional 229,004 shares during the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co bought a new position in shares of Global X S&P 500 Covered Call ETF in the third quarter worth about $6,988,000. Susquehanna International Group LLP bought a new position in shares of Global X S&P 500 Covered Call ETF in the third quarter worth about $5,819,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Global X S&P 500 Covered Call ETF by 177.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 216,630 shares of the company’s stock worth $8,802,000 after acquiring an additional 138,483 shares during the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

XYLD stock opened at $40.52 on Monday. The stock has a market capitalization of $3.12 billion, a P/E ratio of 25.32 and a beta of 0.50. Global X S&P 500 Covered Call ETF has a 12 month low of $37.57 and a 12 month high of $41.10. The firm has a 50-day moving average price of $39.90 and a 200-day moving average price of $40.29.

Global X S&P 500 Covered Call ETF Company 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.