Stonebridge Capital Advisors LLC Takes $393,000 Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Stonebridge Capital Advisors LLC acquired a new position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 9,383 shares of the company’s stock, valued at approximately $393,000.

A number of other hedge funds have also made changes to their positions in XYLD. World Investment Advisors LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at about $382,000. Copley Financial Group Inc. acquired a new position in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter worth $41,000. JPMorgan Chase & Co. increased its stake in shares of Global X S&P 500 Covered Call ETF by 1,078.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,152 shares of the company’s stock worth $546,000 after purchasing an additional 12,036 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the 4th quarter valued at $2,521,000. Finally, City Center Advisors LLC raised its holdings in Global X S&P 500 Covered Call ETF by 2.9% during the fourth quarter. City Center Advisors LLC now owns 16,057 shares of the company’s stock valued at $673,000 after buying an additional 452 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

XYLD opened at $38.10 on Friday. Global X S&P 500 Covered Call ETF has a twelve month low of $34.53 and a twelve month high of $43.43. The business has a 50 day moving average price of $39.50 and a 200 day moving average price of $41.23. The firm has a market cap of $3.00 billion, a P/E ratio of 23.84 and a beta of 0.56.

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.