Sims Investment Management LLC Boosts Stake in Global X S&P 500 Covered Call ETF $XYLD

Sims Investment Management LLC raised its position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 4.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 361,559 shares of the company’s stock after acquiring an additional 14,101 shares during the quarter. Global X S&P 500 Covered Call ETF makes up 5.7% of Sims Investment Management LLC’s portfolio, making the stock its 5th biggest holding. Sims Investment Management LLC owned 0.45% of Global X S&P 500 Covered Call ETF worth $14,079,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Oppenheimer & Co. Inc. lifted its holdings in Global X S&P 500 Covered Call ETF by 13.6% in the first quarter. Oppenheimer & Co. Inc. now owns 8,162 shares of the company’s stock valued at $322,000 after acquiring an additional 975 shares during the period. Royal Bank of Canada increased its position in Global X S&P 500 Covered Call ETF by 1.1% in the first quarter. Royal Bank of Canada now owns 591,638 shares of the company’s stock worth $23,363,000 after buying an additional 6,670 shares in the last quarter. Spire Wealth Management increased its position in Global X S&P 500 Covered Call ETF by 42.4% in the first quarter. Spire Wealth Management now owns 1,209 shares of the company’s stock worth $48,000 after buying an additional 360 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position in Global X S&P 500 Covered Call ETF by 5.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 18,242 shares of the company’s stock worth $720,000 after buying an additional 941 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in Global X S&P 500 Covered Call ETF by 11.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 43,675 shares of the company’s stock worth $1,725,000 after buying an additional 4,443 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Up 0.8%

Shares of XYLD opened at $39.77 on Friday. The business has a 50-day simple moving average of $39.17 and a two-hundred day simple moving average of $38.72. The stock has a market cap of $3.05 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 52 week low of $34.53 and a 52 week 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.