Principal Securities Inc. Grows Stock Holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Principal Securities Inc. grew its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 0.6% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 415,590 shares of the company’s stock after buying an additional 2,399 shares during the period. Principal Securities Inc.’s holdings in Global X S&P 500 Covered Call ETF were worth $17,413,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in XYLD. Raymond James Financial Inc. purchased a new stake in Global X S&P 500 Covered Call ETF during the 4th quarter worth $64,354,000. LPL Financial LLC increased its stake in Global X S&P 500 Covered Call ETF by 11.2% in the 4th quarter. LPL Financial LLC now owns 3,573,475 shares of the company’s stock valued at $149,729,000 after buying an additional 359,850 shares during the period. Global X Japan Co. Ltd. grew its position in Global X S&P 500 Covered Call ETF by 80.9% in the first quarter. Global X Japan Co. Ltd. now owns 709,601 shares of the company’s stock worth $28,022,000 after acquiring an additional 317,278 shares in the last quarter. Proficio Capital Partners LLC increased its stake in shares of Global X S&P 500 Covered Call ETF by 146.0% during the 4th quarter. Proficio Capital Partners LLC now owns 414,835 shares of the company’s stock worth $17,382,000 after purchasing an additional 246,170 shares during the last quarter. Finally, Advisor Resource Council acquired a new position in Global X S&P 500 Covered Call ETF during the 1st quarter valued at $7,353,000.

Global X S&P 500 Covered Call ETF Stock Performance

NYSEARCA:XYLD opened at $39.04 on Wednesday. Global X S&P 500 Covered Call ETF has a 52 week low of $34.53 and a 52 week high of $43.43. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 25.32 and a beta of 0.72. The company has a 50-day moving average of $38.60 and a 200-day moving average of $40.00.

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.