Solutions 4 Wealth Ltd Invests $270,000 in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Solutions 4 Wealth Ltd acquired a new stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,856 shares of the company’s stock, valued at approximately $270,000. Global X S&P 500 Covered Call ETF comprises about 0.9% of Solutions 4 Wealth Ltd’s investment portfolio, making the stock its 29th biggest position.

A number of other institutional investors also recently bought and sold shares of the stock. Commonwealth Equity Services LLC raised its holdings in shares of Global X S&P 500 Covered Call ETF by 4.4% in the third quarter. Commonwealth Equity Services LLC now owns 189,426 shares of the company’s stock worth $7,367,000 after buying an additional 8,033 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in Global X S&P 500 Covered Call ETF by 25.4% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 119,062 shares of the company’s stock worth $4,630,000 after acquiring an additional 24,128 shares during the period. FinTrust Capital Advisors LLC acquired a new stake in Global X S&P 500 Covered Call ETF during the 3rd quarter worth about $56,000. Raymond James & Associates grew its stake in Global X S&P 500 Covered Call ETF by 82.9% during the 3rd quarter. Raymond James & Associates now owns 253,624 shares of the company’s stock valued at $9,863,000 after purchasing an additional 114,934 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of Global X S&P 500 Covered Call ETF by 6.6% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 1,232,476 shares of the company’s stock valued at $47,931,000 after purchasing an additional 76,424 shares during the period.

Global X S&P 500 Covered Call ETF Stock Up 0.4 %

Shares of NYSEARCA:XYLD traded up $0.16 during trading on Thursday, hitting $40.05. The stock had a trading volume of 420,679 shares, compared to its average volume of 441,496. Global X S&P 500 Covered Call ETF has a 12-month low of $37.49 and a 12-month high of $41.54. The stock has a market capitalization of $2.81 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. The stock has a 50-day simple moving average of $40.36 and a two-hundred day simple moving average of $39.68.

About Global X S&P 500 Covered Call ETF

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.