SBI Securities Co. Ltd. acquired a new position in shares of Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,256 shares of the company’s stock, valued at approximately $121,000.
Separately, Arete Wealth Advisors LLC lifted its holdings in Global X S&P 500 Risk Managed Income ETF by 61.7% during the 3rd quarter. Arete Wealth Advisors LLC now owns 24,094 shares of the company’s stock worth $459,000 after buying an additional 9,191 shares in the last quarter.
Global X S&P 500 Risk Managed Income ETF Stock Performance
NYSEARCA:XRMI opened at $18.76 on Friday. The stock’s fifty day moving average price is $19.34 and its two-hundred day moving average price is $19.17. The company has a market cap of $44.84 million, a price-to-earnings ratio of 26.88 and a beta of 0.35. Global X S&P 500 Risk Managed Income ETF has a 52-week low of $18.03 and a 52-week high of $19.69.
Global X S&P 500 Risk Managed Income ETF Profile
The Global X S&P 500 Risk Managed Income ETF (XRMI) is an exchange-traded fund that is based on the Cboe S&P 500 Risk Managed Income index. The fund tracks an index that holds S&P 500 stocks combined with an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.
Featured Stories
- Five stocks we like better than Global X S&P 500 Risk Managed Income ETF
- How to Short a Stock in 5 Easy StepsĀ
- Is Myers Industries Poised for a Breakout?
- The 3 Best Blue-Chip Stocks to Buy Now
- Is BigBear.ai’s 25% Plunge a False Alarm or Fire Sale?
- ESG Stocks, What Investors Should Know
- Broadcom Confirmed Its AI Outlook: Stock to Hit New Highs Soon
Want to see what other hedge funds are holding XRMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI – Free Report).
Receive News & Ratings for Global X S&P 500 Risk Managed Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X S&P 500 Risk Managed Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.