First Citizens Bank & Trust Co. Grows Holdings in Global X S&P 500 Covered Call ETF $XYLD

First Citizens Bank & Trust Co. lifted its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 5.8% during the second quarter, Holdings Channel reports. The institutional investor owned 9,248 shares of the company’s stock after acquiring an additional 506 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Global X S&P 500 Covered Call ETF were worth $360,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Brookstone Capital Management grew its position in shares of Global X S&P 500 Covered Call ETF by 5.1% in the 2nd quarter. Brookstone Capital Management now owns 822,531 shares of the company’s stock worth $32,029,000 after buying an additional 39,828 shares during the period. IMG Wealth Management Inc. boosted its stake in Global X S&P 500 Covered Call ETF by 89.0% in the 2nd quarter. IMG Wealth Management Inc. now owns 2,640 shares of the company’s stock worth $103,000 after purchasing an additional 1,243 shares in the last quarter. Madison Wealth Partners Inc boosted its stake in Global X S&P 500 Covered Call ETF by 2.5% in the 2nd quarter. Madison Wealth Partners Inc now owns 34,633 shares of the company’s stock worth $1,349,000 after purchasing an additional 856 shares in the last quarter. Forvis Mazars Wealth Advisors LLC bought a new position in Global X S&P 500 Covered Call ETF in the 2nd quarter worth about $250,000. Finally, Sims Investment Management LLC boosted its stake in Global X S&P 500 Covered Call ETF by 4.1% in the 2nd quarter. Sims Investment Management LLC now owns 361,559 shares of the company’s stock worth $14,079,000 after purchasing an additional 14,101 shares in the last quarter.

Global X S&P 500 Covered Call ETF Price Performance

Shares of Global X S&P 500 Covered Call ETF stock opened at $39.78 on Monday. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 25.32 and a beta of 0.72. The firm’s 50-day moving average is $39.21 and its 200 day moving average is $38.83. Global X S&P 500 Covered Call ETF has a 1 year low of $34.53 and a 1 year 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.