Global X S&P 500 Covered Call ETF $XYLD Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. trimmed its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 19.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,614 shares of the company’s stock after selling 15,533 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.08% of Global X S&P 500 Covered Call ETF worth $2,544,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Baker Avenue Asset Management LP increased its stake in shares of Global X S&P 500 Covered Call ETF by 16.6% during the fourth quarter. Baker Avenue Asset Management LP now owns 25,402 shares of the company’s stock worth $1,032,000 after acquiring an additional 3,618 shares during the period. Collaborative Wealth Managment Inc. increased its stake in shares of Global X S&P 500 Covered Call ETF by 96.2% during the fourth quarter. Collaborative Wealth Managment Inc. now owns 45,434 shares of the company’s stock worth $1,846,000 after acquiring an additional 22,274 shares during the period. Flaharty Asset Management LLC grew its position in Global X S&P 500 Covered Call ETF by 6.7% during the fourth quarter. Flaharty Asset Management LLC now owns 55,996 shares of the company’s stock worth $2,275,000 after buying an additional 3,524 shares during the period. Kapstone Financial Advisors LLC acquired a new position in Global X S&P 500 Covered Call ETF during the fourth quarter worth about $213,000. Finally, IMG Wealth Management Inc. grew its position in Global X S&P 500 Covered Call ETF by 11.3% during the fourth quarter. IMG Wealth Management Inc. now owns 2,926 shares of the company’s stock worth $119,000 after buying an additional 297 shares during the period.

Global X S&P 500 Covered Call ETF Trading Down 0.9%

Shares of XYLD opened at $40.43 on Friday. The firm’s 50-day moving average is $40.09 and its two-hundred day moving average is $40.35. Global X S&P 500 Covered Call ETF has a twelve month low of $38.22 and a twelve month high of $41.10. The firm has a market capitalization of $3.12 billion, a P/E ratio of 25.32 and a beta of 0.50.

About Global X S&P 500 Covered Call ETF

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.