Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG – Get Free Report)’s share price passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $28.74 and traded as low as $28.40. Nasdaq 100 Covered Call & Growth ETF shares last traded at $28.45, with a volume of 68,802 shares.
Nasdaq 100 Covered Call & Growth ETF Stock Performance
The company has a market capitalization of $182.08 million, a price-to-earnings ratio of 33.07 and a beta of 0.91. The firm’s 50-day simple moving average is $29.93 and its 200-day simple moving average is $28.74.
Nasdaq 100 Covered Call & Growth ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Thursday, October 22nd. Stockholders of record on Monday, October 19th were given a dividend of $0.17 per share. This is an increase from Nasdaq 100 Covered Call & Growth ETF’s previous monthly dividend of $0.1398. This represents a $2.04 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend was Monday, October 19th.
Institutional Investors Weigh In On Nasdaq 100 Covered Call & Growth ETF
An institutional investor recently raised its stake in Nasdaq 100 Covered Call & Growth ETF stock. Farther Finance Advisors LLC increased its position in shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG – Free Report) by 536.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,220 shares of the company’s stock after buying an additional 27,161 shares during the quarter. Farther Finance Advisors LLC owned 0.55% of Nasdaq 100 Covered Call & Growth ETF worth $980,000 at the end of the most recent quarter.
Nasdaq 100 Covered Call & Growth ETF Company Profile
The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth. QYLG was launched on Sep 18, 2020 and is managed by Global X.
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