Armor Investment Advisors LLC Trims Holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Armor Investment Advisors LLC trimmed its position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 10.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,382 shares of the company’s stock after selling 1,150 shares during the quarter. Armor Investment Advisors LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $389,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Chilton Capital Management LLC purchased a new position in Global X S&P 500 Covered Call ETF in the first quarter valued at approximately $25,000. Mather Group LLC. purchased a new position in shares of Global X S&P 500 Covered Call ETF in the 2nd quarter valued at $33,000. PNC Financial Services Group Inc. purchased a new stake in Global X S&P 500 Covered Call ETF during the 4th quarter worth $36,000. Strategic Financial Concepts LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF in the second quarter worth about $42,000. Finally, Concourse Financial Group Securities Inc. raised its holdings in shares of Global X S&P 500 Covered Call ETF by 121.3% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 1,328 shares of the company’s stock valued at $54,000 after buying an additional 728 shares during the period.

Global X S&P 500 Covered Call ETF Stock Performance

Global X S&P 500 Covered Call ETF stock opened at $41.90 on Wednesday. Global X S&P 500 Covered Call ETF has a one year low of $37.93 and a one year high of $41.92. The stock’s 50 day moving average price is $41.37 and its 200 day moving average price is $40.69. The firm has a market capitalization of $2.93 billion, a PE ratio of 20.31 and a beta of 0.44.

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.