Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) Shares Climb 0.2% – Should You Buy?

Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR)’s stock price was up 0.2% during mid-day trading on Thursday. The company traded as high as $28.18 and last traded at $28.16. Approximately 1,193 shares changed hands during trading, a decline of 49% from the average session volume of 2,344 shares. The stock had previously closed at $28.11.

Global X NASDAQ 100 Collar 95-110 ETF Stock Performance

The business’s 50 day moving average is $27.88 and its 200-day moving average is $28.03. The stock has a market cap of $3.96 million, a price-to-earnings ratio of 33.05 and a beta of 0.64.

Hedge Funds Weigh In On Global X NASDAQ 100 Collar 95-110 ETF

An institutional investor recently bought a new stake in Global X NASDAQ 100 Collar 95-110 ETF stock. Spartan Wealth Advisory Services LLC bought a new position in shares of Global X NASDAQ 100 Collar 95-110 ETF (NASDAQ:QCLR) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,313 shares of the company’s stock, valued at approximately $380,000. Spartan Wealth Advisory Services LLC owned approximately 10.22% of Global X NASDAQ 100 Collar 95-110 ETF as of its most recent SEC filing.

About Global X NASDAQ 100 Collar 95-110 ETF

The Global X NASDAQ 100 Collar 95-110 ETF (QCLR) is an exchange-traded fund that is based on the Nasdaq-100 Quarterly Collar 95-110 index. The fund tracks an index that invests in the Nasdaq 100 stocks while employing an options collar strategy. The collar involves buying 5% puts and selling 10% calls out-of-the-money. QCLR was launched on Aug 25, 2021 and is managed by Global X.