Financial Advocates Investment Management Decreases Stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Financial Advocates Investment Management lessened its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 18.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 110,598 shares of the company’s stock after selling 24,803 shares during the period. Financial Advocates Investment Management’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $2,015,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Crewe Advisors LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 601.6% in the third quarter. Crewe Advisors LLC now owns 1,712 shares of the company’s stock worth $31,000 after acquiring an additional 1,468 shares during the period. Copley Financial Group Inc. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 3rd quarter worth approximately $35,000. Darwin Wealth Management LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 3rd quarter worth approximately $70,000. AdvisorNet Financial Inc lifted its stake in Global X Nasdaq 100 Covered Call ETF by 141.8% in the fourth quarter. AdvisorNet Financial Inc now owns 3,862 shares of the company’s stock valued at $70,000 after purchasing an additional 2,265 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in Global X Nasdaq 100 Covered Call ETF by 61,414.3% during the third quarter. BNP Paribas Financial Markets now owns 4,306 shares of the company’s stock valued at $78,000 after purchasing an additional 4,299 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

NASDAQ:QYLD opened at $18.64 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.81. The business has a fifty day simple moving average of $18.41 and a two-hundred day simple moving average of $18.05. The company has a market capitalization of $8.81 billion, a P/E ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 28th. Investors of record on Tuesday, January 21st were paid a $0.1877 dividend. The ex-dividend date was Tuesday, January 21st.

Global X Nasdaq 100 Covered Call ETF Company Profile

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.