Focus Partners Advisor Solutions LLC Trims Stock Holdings in Global X S&P 500 Covered Call ETF $XYLD

Focus Partners Advisor Solutions LLC trimmed its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 35.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 8,447 shares of the company’s stock after selling 4,556 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $329,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AdvisorNet Financial Inc raised its holdings in shares of Global X S&P 500 Covered Call ETF by 20.4% in the second quarter. AdvisorNet Financial Inc now owns 1,894 shares of the company’s stock worth $74,000 after buying an additional 321 shares during the period. NorthRock Partners LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF in the first quarter worth approximately $99,000. IMG Wealth Management Inc. raised its holdings in shares of Global X S&P 500 Covered Call ETF by 89.0% in the second quarter. IMG Wealth Management Inc. now owns 2,640 shares of the company’s stock worth $103,000 after buying an additional 1,243 shares during the period. IFP Advisors Inc raised its holdings in shares of Global X S&P 500 Covered Call ETF by 6.8% in the first quarter. IFP Advisors Inc now owns 4,352 shares of the company’s stock worth $172,000 after buying an additional 277 shares during the period. Finally, AE Wealth Management LLC boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 84.7% in the first quarter. AE Wealth Management LLC now owns 4,370 shares of the company’s stock valued at $173,000 after purchasing an additional 2,004 shares during the period.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of NYSEARCA XYLD opened at $39.84 on Friday. The firm has a market capitalization of $3.05 billion, a price-to-earnings ratio of 25.32 and a beta of 0.53. The stock has a 50 day moving average price of $39.31 and a 200 day moving average price of $38.87. Global X S&P 500 Covered Call ETF has a 52-week low of $34.53 and a 52-week high of $43.43.

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.