Snowden Capital Advisors LLC Acquires 499 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Snowden Capital Advisors LLC boosted its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 4.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,430 shares of the company’s stock after purchasing an additional 499 shares during the quarter. Snowden Capital Advisors LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $492,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XYLD. Spire Wealth Management boosted its position in shares of Global X S&P 500 Covered Call ETF by 112.3% during the 4th quarter. Spire Wealth Management now owns 849 shares of the company’s stock valued at $36,000 after acquiring an additional 449 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new position in shares of Global X S&P 500 Covered Call ETF during the 4th quarter valued at approximately $59,000. Smartleaf Asset Management LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the 4th quarter valued at approximately $61,000. Cape Investment Advisory Inc. boosted its position in shares of Global X S&P 500 Covered Call ETF by 731.5% during the 4th quarter. Cape Investment Advisory Inc. now owns 1,663 shares of the company’s stock valued at $70,000 after acquiring an additional 1,463 shares during the last quarter. Finally, Brown Brothers Harriman & Co. bought a new position in shares of Global X S&P 500 Covered Call ETF during the 4th quarter valued at approximately $71,000.

Global X S&P 500 Covered Call ETF Stock Performance

NYSEARCA XYLD opened at $37.89 on Thursday. The company has a market capitalization of $3.01 billion, a P/E ratio of 24.29 and a beta of 0.55. Global X S&P 500 Covered Call ETF has a one year low of $34.53 and a one year high of $43.43. The stock has a 50 day moving average price of $38.47 and a 200-day moving average price of $40.82.

About Global X S&P 500 Covered Call ETF

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.