Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Sets New 52-Week High – Should You Buy?

Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $41.80 and last traded at $41.6050, with a volume of 37200 shares. The stock had previously closed at $41.66.

Global X S&P 500 Covered Call ETF Stock Down 0.2%

The business’s 50-day simple moving average is $41.30 and its two-hundred day simple moving average is $40.60. The firm has a market cap of $3.27 billion, a price-to-earnings ratio of 25.32 and a beta of 0.49.

Institutional Trading of Global X S&P 500 Covered Call ETF

Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC acquired a new stake in Global X S&P 500 Covered Call ETF in the 1st quarter valued at $3,796,000. JPMorgan Chase & Co. increased its stake in shares of Global X S&P 500 Covered Call ETF by 185.0% during the second quarter. JPMorgan Chase & Co. now owns 10,783 shares of the company’s stock worth $420,000 after purchasing an additional 6,999 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Global X S&P 500 Covered Call ETF by 21.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 153,576 shares of the company’s stock worth $5,971,000 after purchasing an additional 27,606 shares during the last quarter. Ausdal Financial Partners Inc. lifted its stake in Global X S&P 500 Covered Call ETF by 30.3% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 23,486 shares of the company’s stock valued at $915,000 after buying an additional 5,464 shares in the last quarter. Finally, MGB Wealth Management LLC acquired a new stake in Global X S&P 500 Covered Call ETF in the 2nd quarter worth about $26,000.

About Global X S&P 500 Covered Call ETF

(Get Free Report)

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.

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