Collaborative Wealth Managment Inc. Cuts Stock Holdings in Global X S&P 500 Covered Call ETF $XYLD

Collaborative Wealth Managment Inc. reduced its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 76.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,655 shares of the company’s stock after selling 34,779 shares during the period. Collaborative Wealth Managment Inc.’s holdings in Global X S&P 500 Covered Call ETF were worth $417,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XYLD. Ameriprise Financial Inc. increased its holdings in Global X S&P 500 Covered Call ETF by 15.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,692,576 shares of the company’s stock worth $66,507,000 after purchasing an additional 229,004 shares during the period. Susquehanna International Group LLP acquired a new stake in Global X S&P 500 Covered Call ETF in the 3rd quarter valued at about $5,819,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 177.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 216,630 shares of the company’s stock valued at $8,802,000 after buying an additional 138,483 shares during the period. Jane Street Group LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF in the 1st quarter valued at about $3,796,000. Finally, Ocean Park Asset Management LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF in the 1st quarter valued at about $3,737,000.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of Global X S&P 500 Covered Call ETF stock opened at $41.31 on Thursday. The business has a 50-day simple moving average of $40.66 and a 200-day simple moving average of $40.43. Global X S&P 500 Covered Call ETF has a one year low of $38.22 and a one year high of $41.31. The company has a market cap of $3.23 billion, a PE ratio of 25.32 and a beta of 0.49.

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.