Montchanin Asset Management LLC Takes $1.57 Million Position in Global X S&P 500 Covered Call ETF $XYLD

Montchanin Asset Management LLC acquired a new position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 40,065 shares of the company’s stock, valued at approximately $1,568,000. Global X S&P 500 Covered Call ETF comprises approximately 1.6% of Montchanin Asset Management LLC’s investment portfolio, making the stock its 19th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC acquired a new stake in Global X S&P 500 Covered Call ETF during the first quarter valued at approximately $3,796,000. JPMorgan Chase & Co. grew its position in Global X S&P 500 Covered Call ETF by 185.0% in the second quarter. JPMorgan Chase & Co. now owns 10,783 shares of the company’s stock worth $420,000 after buying an additional 6,999 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Global X S&P 500 Covered Call ETF by 21.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 153,576 shares of the company’s stock worth $5,971,000 after buying an additional 27,606 shares during the last quarter. Ausdal Financial Partners Inc. increased its holdings in shares of Global X S&P 500 Covered Call ETF by 30.3% in the second quarter. Ausdal Financial Partners Inc. now owns 23,486 shares of the company’s stock valued at $915,000 after buying an additional 5,464 shares in the last quarter. Finally, MGB Wealth Management LLC bought a new position in shares of Global X S&P 500 Covered Call ETF in the second quarter valued at $26,000.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of NYSEARCA:XYLD opened at $41.17 on Friday. Global X S&P 500 Covered Call ETF has a one year low of $38.22 and a one year high of $41.32. The stock has a fifty day moving average of $40.77 and a 200-day moving average of $40.44. The company has a market capitalization of $3.24 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.