ELCO Management Co. LLC Sells 400 Shares of Global X S&P 500 Covered Call ETF $XYLD

ELCO Management Co. LLC decreased its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 0.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 58,200 shares of the company’s stock after selling 400 shares during the period. Global X S&P 500 Covered Call ETF makes up about 1.2% of ELCO Management Co. LLC’s portfolio, making the stock its 20th biggest position. ELCO Management Co. LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $2,266,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Y Intercept Hong Kong Ltd bought a new position in shares of Global X S&P 500 Covered Call ETF in the 2nd quarter valued at $403,000. Transcend Capital Advisors LLC bought a new stake in Global X S&P 500 Covered Call ETF during the 2nd quarter worth $244,000. Ashton Thomas Private Wealth LLC bought a new stake in Global X S&P 500 Covered Call ETF during the 2nd quarter worth $261,000. OVERSEA CHINESE BANKING Corp Ltd grew its position in Global X S&P 500 Covered Call ETF by 10.6% during the 2nd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 33,961 shares of the company’s stock worth $1,322,000 after acquiring an additional 3,243 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Global X S&P 500 Covered Call ETF by 7.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 625,045 shares of the company’s stock worth $24,339,000 after acquiring an additional 44,832 shares during the last quarter.

Global X S&P 500 Covered Call ETF Stock Down 0.0%

Shares of XYLD stock opened at $39.89 on Wednesday. The firm has a market capitalization of $3.07 billion, a P/E ratio of 25.32 and a beta of 0.53. Global X S&P 500 Covered Call ETF has a twelve month low of $34.53 and a twelve month high of $43.43. The stock’s fifty day simple moving average is $39.26 and its 200 day simple moving average is $38.86.

Global X S&P 500 Covered Call ETF Company Profile

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.