Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) Shares Sold by McAdam LLC

McAdam LLC lowered its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 8.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 26,536 shares of the company’s stock after selling 2,591 shares during the quarter. McAdam LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $1,047,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Providence Capital Advisors LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at approximately $25,000. Cornerstone Planning Group LLC purchased a new stake in Global X S&P 500 Covered Call ETF in the third quarter valued at $39,000. NBC Securities Inc. acquired a new position in shares of Global X S&P 500 Covered Call ETF in the 3rd quarter valued at $54,000. FinTrust Capital Advisors LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter worth $56,000. Finally, FAS Wealth Partners Inc. acquired a new stake in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter worth about $151,000.

Global X S&P 500 Covered Call ETF Price Performance

NYSEARCA XYLD opened at $40.10 on Tuesday. The stock has a market capitalization of $2.82 billion, a P/E ratio of 20.55 and a beta of 0.44. The firm’s 50-day moving average is $40.35 and its two-hundred day moving average is $39.68. Global X S&P 500 Covered Call ETF has a 12 month low of $37.49 and a 12 month high of $41.54.

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.