Newport Capital Group LLC Buys Shares of 30,147 Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Newport Capital Group LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 30,147 shares of the company’s stock, valued at approximately $1,263,000. Global X S&P 500 Covered Call ETF makes up about 0.9% of Newport Capital Group LLC’s investment portfolio, making the stock its 23rd biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWM LLC boosted its position in Global X S&P 500 Covered Call ETF by 12.2% during the 3rd quarter. CWM LLC now owns 3,450 shares of the company’s stock worth $143,000 after buying an additional 375 shares during the period. Good Life Advisors LLC lifted its holdings in shares of Global X S&P 500 Covered Call ETF by 120.4% during the third quarter. Good Life Advisors LLC now owns 179,164 shares of the company’s stock worth $7,435,000 after purchasing an additional 97,874 shares during the period. First Citizens Bank & Trust Co. bought a new stake in shares of Global X S&P 500 Covered Call ETF in the third quarter worth $202,000. Raymond James & Associates increased its holdings in Global X S&P 500 Covered Call ETF by 9.8% in the third quarter. Raymond James & Associates now owns 411,797 shares of the company’s stock valued at $17,090,000 after purchasing an additional 36,620 shares during the period. Finally, Trilogy Capital Inc. raised its position in Global X S&P 500 Covered Call ETF by 19.5% during the 3rd quarter. Trilogy Capital Inc. now owns 6,183 shares of the company’s stock worth $257,000 after purchasing an additional 1,008 shares during the last quarter.

Global X S&P 500 Covered Call ETF Trading Up 0.2 %

Shares of XYLD opened at $42.78 on Friday. The stock’s 50-day moving average price is $42.42 and its two-hundred day moving average price is $41.67. Global X S&P 500 Covered Call ETF has a 12 month low of $37.93 and a 12 month high of $43.43. The company has a market capitalization of $3.00 billion, a PE ratio of 20.31 and a beta of 0.44.

About Global X S&P 500 Covered Call ETF

(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.

See Also

Want to see what other hedge funds are holding XYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report).

Institutional Ownership by Quarter for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

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