Private Advisor Group LLC Increases Stock Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Private Advisor Group LLC boosted its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 278.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,958 shares of the company’s stock after buying an additional 63,236 shares during the quarter. Private Advisor Group LLC owned 0.12% of Global X S&P 500 Covered Call ETF worth $3,529,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of XYLD. Nissay Asset Management Corp Japan ADV purchased a new position in shares of Global X S&P 500 Covered Call ETF in the fourth quarter valued at approximately $36,844,000. Morgan Stanley boosted its stake in shares of Global X S&P 500 Covered Call ETF by 10.7% in the fourth quarter. Morgan Stanley now owns 3,894,053 shares of the company’s stock valued at $153,309,000 after purchasing an additional 377,564 shares during the period. UBS Group AG boosted its stake in shares of Global X S&P 500 Covered Call ETF by 81.9% in the first quarter. UBS Group AG now owns 822,696 shares of the company’s stock valued at $40,740,000 after purchasing an additional 370,517 shares during the period. LPL Financial LLC boosted its stake in shares of Global X S&P 500 Covered Call ETF by 20.8% in the second quarter. LPL Financial LLC now owns 2,141,481 shares of the company’s stock valued at $87,908,000 after purchasing an additional 368,488 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of Global X S&P 500 Covered Call ETF by 11.8% in the first quarter. Bank of America Corp DE now owns 1,674,467 shares of the company’s stock valued at $67,816,000 after purchasing an additional 177,142 shares during the period.

Global X S&P 500 Covered Call ETF Stock Performance

NYSEARCA XYLD opened at $38.81 on Tuesday. Global X S&P 500 Covered Call ETF has a one year low of $37.49 and a one year high of $41.54. The firm has a 50 day simple moving average of $39.00 and a 200-day simple moving average of $40.17. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of 18.46 and a beta of 0.72.

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.