Madison Wealth Partners Inc Cuts Holdings in Global X S&P 500 Covered Call ETF $XYLD

Madison Wealth Partners Inc decreased its holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 50.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 17,662 shares of the company’s stock after selling 17,896 shares during the period. Madison Wealth Partners Inc’s holdings in Global X S&P 500 Covered Call ETF were worth $718,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Baker Avenue Asset Management LP raised its holdings in Global X S&P 500 Covered Call ETF by 16.6% in the fourth quarter. Baker Avenue Asset Management LP now owns 25,402 shares of the company’s stock valued at $1,032,000 after buying an additional 3,618 shares during the period. Collaborative Wealth Managment Inc. raised its holdings in Global X S&P 500 Covered Call ETF by 96.2% in the fourth quarter. Collaborative Wealth Managment Inc. now owns 45,434 shares of the company’s stock valued at $1,846,000 after buying an additional 22,274 shares during the period. Flaharty Asset Management LLC raised its holdings in Global X S&P 500 Covered Call ETF by 6.7% in the fourth quarter. Flaharty Asset Management LLC now owns 55,996 shares of the company’s stock valued at $2,275,000 after buying an additional 3,524 shares during the period. Kapstone Financial Advisors LLC purchased a new position in Global X S&P 500 Covered Call ETF in the fourth quarter valued at approximately $213,000. Finally, IMG Wealth Management Inc. raised its holdings in Global X S&P 500 Covered Call ETF by 11.3% in the fourth quarter. IMG Wealth Management Inc. now owns 2,926 shares of the company’s stock valued at $119,000 after buying an additional 297 shares during the period.

Global X S&P 500 Covered Call ETF Stock Performance

NYSEARCA XYLD opened at $40.73 on Friday. Global X S&P 500 Covered Call ETF has a one year low of $38.06 and a one year high of $41.10. The company’s 50 day moving average price is $39.94 and its 200 day moving average price is $40.33. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of 25.32 and a beta of 0.50.

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.