Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Sees Unusually-High Trading Volume

Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) saw unusually-strong trading volume on Wednesday . Approximately 5,197,461 shares changed hands during trading, an increase of 46% from the previous session’s volume of 3,550,719 shares.The stock last traded at $17.67 and had previously closed at $17.83.

Global X Nasdaq 100 Covered Call ETF Trading Down 1.8 %

The business has a 50-day moving average price of $17.86 and a 200 day moving average price of $17.43. The stock has a market capitalization of $7.85 billion, a P/E ratio of 29.62 and a beta of 0.55.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Tuesday, March 19th were issued a $0.178 dividend. The ex-dividend date was Monday, March 18th. This represents a $2.14 dividend on an annualized basis and a dividend yield of 12.36%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Atlas Capital Advisors LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF during the second quarter worth approximately $25,000. Coppell Advisory Solutions LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter valued at approximately $27,000. Allworth Financial LP raised its holdings in Global X Nasdaq 100 Covered Call ETF by 379.9% during the 4th quarter. Allworth Financial LP now owns 1,646 shares of the company’s stock valued at $29,000 after buying an additional 1,303 shares during the period. Hexagon Capital Partners LLC boosted its stake in Global X Nasdaq 100 Covered Call ETF by 963.5% during the first quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock worth $38,000 after buying an additional 1,927 shares during the period. Finally, FMR LLC increased its position in Global X Nasdaq 100 Covered Call ETF by 1,668.6% during the first quarter. FMR LLC now owns 2,140 shares of the company’s stock valued at $37,000 after acquiring an additional 2,019 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Company Profile

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.