SBI Securities Co. Ltd. Makes New $121,000 Investment in Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI)

SBI Securities Co. Ltd. acquired a new position in shares of Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI) 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.