Grantvest Financial Group LLC Buys Shares of 12,172 Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Grantvest Financial Group LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the fourth quarter, Holdings Channel.com reports. The fund purchased 12,172 shares of the company’s stock, valued at approximately $222,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QYLD. AdvisorNet Financial Inc raised its position in Global X Nasdaq 100 Covered Call ETF by 141.8% in the 4th quarter. AdvisorNet Financial Inc now owns 3,862 shares of the company’s stock valued at $70,000 after purchasing an additional 2,265 shares in the last quarter. SG Americas Securities LLC grew its holdings in Global X Nasdaq 100 Covered Call ETF by 14.3% during the fourth quarter. SG Americas Securities LLC now owns 29,300 shares of the company’s stock worth $534,000 after acquiring an additional 3,659 shares during the period. Vontobel Holding Ltd. acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth approximately $273,000. JPMorgan Chase & Co. raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 14.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 382,844 shares of the company’s stock worth $6,907,000 after purchasing an additional 48,618 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in Global X Nasdaq 100 Covered Call ETF by 61,414.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,306 shares of the company’s stock worth $78,000 after acquiring an additional 4,299 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $16.96 on Monday. The stock’s 50-day moving average is $18.06 and its 200-day moving average is $18.15. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $15.91 and a 12 month high of $18.89. The company has a market cap of $8.01 billion, a price-to-earnings ratio of 30.84 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Monday, February 24th.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.