IFP Advisors Inc Sells 4,310 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

IFP Advisors Inc trimmed its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 15.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 23,813 shares of the company’s stock after selling 4,310 shares during the period. IFP Advisors Inc’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $434,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Y Intercept Hong Kong Ltd lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 61.4% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 118,925 shares of the company’s stock worth $2,167,000 after acquiring an additional 45,226 shares during the period. World Equity Group Inc. lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 38.0% during the 4th quarter. World Equity Group Inc. now owns 17,413 shares of the company’s stock valued at $317,000 after purchasing an additional 4,797 shares during the last quarter. Howard Capital Management Inc. lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 28.9% during the 4th quarter. Howard Capital Management Inc. now owns 326,582 shares of the company’s stock valued at $5,950,000 after purchasing an additional 73,192 shares during the last quarter. Transcend Capital Advisors LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 14.1% during the 4th quarter. Transcend Capital Advisors LLC now owns 33,501 shares of the company’s stock valued at $610,000 after purchasing an additional 4,144 shares during the last quarter. Finally, Boston Financial Mangement LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 20.6% during the 4th quarter. Boston Financial Mangement LLC now owns 14,413 shares of the company’s stock valued at $263,000 after purchasing an additional 2,462 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 1.6 %

Shares of QYLD stock opened at $17.94 on Friday. 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 capitalization of $8.48 billion, a P/E ratio of 33.29 and a beta of 0.71. The firm has a 50-day moving average price of $18.47 and a 200 day moving average price of $18.22.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 24th will be issued a dividend of $0.165 per share. The ex-dividend date is 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.