Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) Reaches New 1-Year Low – Time to Sell?

Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLDGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $14.49 and last traded at $14.58, with a volume of 1083232 shares traded. The stock had previously closed at $15.25.

Global X Russell 2000 Covered Call ETF Trading Down 4.1 %

The stock has a market cap of $1.27 billion, a P/E ratio of 16.18 and a beta of 0.59. The business’s fifty day simple moving average is $15.89 and its 200 day simple moving average is $16.25.

Institutional Trading of Global X Russell 2000 Covered Call ETF

Hedge funds have recently modified their holdings of the stock. Oppenheimer & Co. Inc. raised its position in Global X Russell 2000 Covered Call ETF by 7.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 11,076 shares of the company’s stock worth $181,000 after purchasing an additional 809 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of Global X Russell 2000 Covered Call ETF by 1.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 53,324 shares of the company’s stock valued at $871,000 after buying an additional 907 shares during the period. Howe & Rusling Inc. raised its position in shares of Global X Russell 2000 Covered Call ETF by 13.6% during the fourth quarter. Howe & Rusling Inc. now owns 7,575 shares of the company’s stock worth $124,000 after acquiring an additional 909 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its stake in shares of Global X Russell 2000 Covered Call ETF by 9.2% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 14,695 shares of the company’s stock valued at $240,000 after acquiring an additional 1,240 shares during the period. Finally, Retirement Planning Co of New England Inc. boosted its holdings in Global X Russell 2000 Covered Call ETF by 9.4% in the fourth quarter. Retirement Planning Co of New England Inc. now owns 19,955 shares of the company’s stock valued at $326,000 after acquiring an additional 1,713 shares during the last quarter.

About Global X Russell 2000 Covered Call ETF

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