Commonwealth Equity Services LLC Reduces Stock Holdings in Global X S&P 500 Covered Call ETF $XYLD

Commonwealth Equity Services LLC reduced its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 11.7% during the 4th quarter, Holdings Channel reports. The fund owned 118,311 shares of the company’s stock after selling 15,712 shares during the period. Commonwealth Equity Services LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $4,807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XYLD. MGB Wealth Management LLC acquired a new stake in Global X S&P 500 Covered Call ETF during the 2nd quarter worth about $26,000. Measured Wealth Private Client Group LLC acquired a new stake in Global X S&P 500 Covered Call ETF during the 3rd quarter worth about $52,000. Caitlin John LLC acquired a new stake in Global X S&P 500 Covered Call ETF during the 3rd quarter worth about $94,000. EP Wealth Advisors LLC acquired a new stake in Global X S&P 500 Covered Call ETF during the 2nd quarter worth about $100,000. Finally, Smartleaf Asset Management LLC grew its position in Global X S&P 500 Covered Call ETF by 21,428.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 3,014 shares of the company’s stock worth $118,000 after purchasing an additional 3,000 shares during the period.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD stock opened at $40.43 on Monday. The stock has a 50 day moving average of $40.09 and a 200 day moving average of $40.35. The stock has a market cap 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 twelve month low of $38.22 and a twelve month high of $41.10.

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.