Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Hits New 12-Month High – What’s Next?

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $18.63 and last traded at $18.61, with a volume of 2821806 shares. The stock had previously closed at $18.27.

Global X Nasdaq 100 Covered Call ETF Stock Performance

The firm has a market cap of $8.37 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The stock’s fifty day moving average is $18.26 and its two-hundred day moving average is $17.91.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, November 25th. Stockholders of record on Monday, November 18th were given a dividend of $0.1804 per share. The ex-dividend date was Monday, November 18th.

Institutional Trading of Global X Nasdaq 100 Covered Call ETF

Large investors have recently added to or reduced their stakes in the business. Global X Japan Co. Ltd. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 80.1% in the second quarter. Global X Japan Co. Ltd. now owns 3,058,359 shares of the company’s stock worth $54,041,000 after purchasing an additional 1,360,501 shares in the last quarter. LPL Financial LLC grew its position in Global X Nasdaq 100 Covered Call ETF by 8.8% in the 2nd quarter. LPL Financial LLC now owns 10,127,547 shares of the company’s stock valued at $178,954,000 after buying an additional 815,034 shares in the last quarter. Private Advisor Group LLC increased its stake in Global X Nasdaq 100 Covered Call ETF by 274.2% during the 2nd quarter. Private Advisor Group LLC now owns 1,098,332 shares of the company’s stock valued at $19,408,000 after buying an additional 804,795 shares during the period. Strategic Financial Concepts LLC raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 1,161.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 500,615 shares of the company’s stock worth $88,000 after buying an additional 460,928 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 28.9% in the 3rd quarter. Raymond James & Associates now owns 1,646,710 shares of the company’s stock worth $29,707,000 after acquiring an additional 369,343 shares during the period.

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.