Proficio Capital Partners LLC Buys New Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Proficio Capital Partners LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,860 shares of the company’s stock, valued at approximately $484,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. UBS Group AG boosted its stake in shares of Global X S&P 500 Covered Call ETF by 5.9% in the 4th quarter. UBS Group AG now owns 1,281,476 shares of the company’s stock valued at $50,541,000 after buying an additional 71,103 shares during the period. Brookstone Capital Management boosted its stake in shares of Global X S&P 500 Covered Call ETF by 0.5% in the 1st quarter. Brookstone Capital Management now owns 724,105 shares of the company’s stock valued at $29,536,000 after buying an additional 3,643 shares during the period. Centaurus Financial Inc. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 15.4% in the 4th quarter. Centaurus Financial Inc. now owns 719,447 shares of the company’s stock valued at $28,375,000 after buying an additional 96,179 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF in the 4th quarter valued at about $17,517,000. Finally, Principal Securities Inc. purchased a new position in shares of Global X S&P 500 Covered Call ETF in the 4th quarter valued at about $14,377,000.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD traded up $0.04 during midday trading on Wednesday, hitting $40.84. The company had a trading volume of 65,741 shares, compared to its average volume of 415,445. Global X S&P 500 Covered Call ETF has a 1 year low of $37.49 and a 1 year high of $41.54. The firm has a market capitalization of $2.86 billion, a P/E ratio of 20.31 and a beta of 0.44. The company’s 50-day simple moving average is $40.34 and its 200-day simple moving average is $40.19.

Global X S&P 500 Covered Call ETF Profile

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.