Institute for Wealth Management LLC. Has $1.83 Million Stock Holdings in Global X S&P 500 Covered Call ETF $XYLD

Institute for Wealth Management LLC. cut its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 1.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 46,937 shares of the company’s stock after selling 883 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Global X S&P 500 Covered Call ETF were worth $1,828,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Millennium Management LLC bought a new position in Global X S&P 500 Covered Call ETF in the fourth quarter valued at about $303,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Global X S&P 500 Covered Call ETF by 35.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 39,232 shares of the company’s stock valued at $1,644,000 after acquiring an additional 10,241 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in Global X S&P 500 Covered Call ETF by 1,128.9% in the first quarter. AdvisorNet Financial Inc now owns 1,573 shares of the company’s stock valued at $62,000 after acquiring an additional 1,445 shares during the last quarter. Milestone Asset Management LLC boosted its holdings in Global X S&P 500 Covered Call ETF by 26.9% in the first quarter. Milestone Asset Management LLC now owns 8,943 shares of the company’s stock valued at $353,000 after acquiring an additional 1,898 shares during the last quarter. Finally, HBW Advisory Services LLC boosted its holdings in Global X S&P 500 Covered Call ETF by 46.8% in the first quarter. HBW Advisory Services LLC now owns 47,544 shares of the company’s stock valued at $1,878,000 after acquiring an additional 15,158 shares during the last quarter.

Global X S&P 500 Covered Call ETF Stock Up 0.1%

Global X S&P 500 Covered Call ETF stock opened at $39.26 on Wednesday. The business’s 50-day simple moving average is $39.04 and its 200 day simple moving average is $38.75. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 25.32 and a beta of 0.72. Global X S&P 500 Covered Call ETF has a 12-month low of $34.53 and a 12-month high of $43.43.

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.