WJ Wealth Management LLC Increases Stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

WJ Wealth Management LLC raised its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 791.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 228,351 shares of the company’s stock after acquiring an additional 202,725 shares during the quarter. Global X S&P 500 Covered Call ETF makes up 3.3% of WJ Wealth Management LLC’s portfolio, making the stock its 11th largest holding. WJ Wealth Management LLC owned 0.33% of Global X S&P 500 Covered Call ETF worth $9,568,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. McAdam LLC lifted its position in Global X S&P 500 Covered Call ETF by 2.2% during the fourth quarter. McAdam LLC now owns 26,375 shares of the company’s stock valued at $1,105,000 after purchasing an additional 557 shares in the last quarter. Spire Wealth Management grew its stake in Global X S&P 500 Covered Call ETF by 112.3% during the fourth quarter. Spire Wealth Management now owns 849 shares of the company’s stock valued at $36,000 after acquiring an additional 449 shares in the last quarter. Chicago Partners Investment Group LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the 4th quarter valued at about $441,000. Heck Capital Advisors LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF in the fourth quarter worth about $198,000. Finally, Ferguson Shapiro LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF in the fourth quarter worth about $202,000.

Global X S&P 500 Covered Call ETF Price Performance

NYSEARCA XYLD opened at $42.17 on Tuesday. Global X S&P 500 Covered Call ETF has a 1-year low of $37.93 and a 1-year high of $43.43. The business has a 50 day simple moving average of $42.35 and a two-hundred day simple moving average of $41.56. The stock has a market capitalization of $2.95 billion, a PE ratio of 20.31 and a beta of 0.44.

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.