LPL Financial LLC Sells 72,330 Shares of Global X S&P 500 Covered Call ETF $XYLD

LPL Financial LLC reduced its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 2.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,250,859 shares of the company’s stock after selling 72,330 shares during the quarter. LPL Financial LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $132,082,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in XYLD. Jane Street Group LLC purchased a new position in Global X S&P 500 Covered Call ETF during the 1st quarter valued at $3,796,000. JPMorgan Chase & Co. increased its position in Global X S&P 500 Covered Call ETF by 185.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,783 shares of the company’s stock valued at $420,000 after purchasing an additional 6,999 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in 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 valued at $5,971,000 after purchasing an additional 27,606 shares during the period. Ausdal Financial Partners Inc. increased its position in Global X S&P 500 Covered Call ETF by 30.3% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 23,486 shares of the company’s stock valued at $915,000 after purchasing an additional 5,464 shares during the period. Finally, MGB Wealth Management LLC purchased a new position in Global X S&P 500 Covered Call ETF during the 2nd quarter valued at $26,000.

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

Shares of Global X S&P 500 Covered Call ETF stock opened at $39.97 on Thursday. The company’s fifty day simple moving average is $40.19 and its two-hundred day simple moving average is $40.36. The company has a market cap of $3.08 billion, a P/E ratio of 25.32 and a beta of 0.50. Global X S&P 500 Covered Call ETF has a 12-month low of $38.22 and a 12-month high of $41.10.

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.