Advisors Management Group Inc. ADV Has $1.19 Million Stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Advisors Management Group Inc. ADV raised its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 187.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 28,500 shares of the company’s stock after buying an additional 18,583 shares during the period. Advisors Management Group Inc. ADV’s holdings in Global X S&P 500 Covered Call ETF were worth $1,194,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Copley Financial Group Inc. purchased a new stake in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at $41,000. CWM LLC increased its stake in Global X S&P 500 Covered Call ETF by 12.2% in the 3rd quarter. CWM LLC now owns 3,450 shares of the company’s stock worth $143,000 after purchasing an additional 375 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Global X S&P 500 Covered Call ETF during the 3rd quarter valued at approximately $201,000. First Citizens Bank & Trust Co. bought a new stake in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at about $202,000. Finally, Great Valley Advisor Group Inc. bought a new position in Global X S&P 500 Covered Call ETF in the third quarter worth $208,000.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of NYSEARCA XYLD opened at $42.45 on Thursday. Global X S&P 500 Covered Call ETF has a 52-week low of $37.93 and a 52-week high of $43.43. The firm’s 50 day moving average price is $42.24 and its 200-day moving average price is $41.40. The company has a market cap of $2.97 billion, a PE ratio of 20.31 and a beta of 0.44.

About Global X S&P 500 Covered Call ETF

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.