McAdam LLC Reduces Stock Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

McAdam LLC trimmed its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report) by 5.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,818 shares of the company’s stock after selling 1,426 shares during the period. McAdam LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $1,071,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XYLD. Chilton Capital Management LLC bought a new stake in Global X S&P 500 Covered Call ETF in the 1st quarter worth approximately $25,000. Mather Group LLC. bought a new stake in shares of Global X S&P 500 Covered Call ETF in the second quarter worth $33,000. PNC Financial Services Group Inc. bought a new stake in shares of Global X S&P 500 Covered Call ETF in the fourth quarter worth $36,000. Concourse Financial Group Securities Inc. increased its position in Global X S&P 500 Covered Call ETF by 121.3% during the second quarter. Concourse Financial Group Securities Inc. now owns 1,328 shares of the company’s stock valued at $54,000 after acquiring an additional 728 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new position in Global X S&P 500 Covered Call ETF in the second quarter valued at about $59,000.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of NYSEARCA:XYLD opened at $41.27 on Thursday. The stock’s 50-day simple moving average is $41.32 and its two-hundred day simple moving average is $40.64. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. Global X S&P 500 Covered Call ETF has a 52-week low of $37.49 and a 52-week high of $41.92.

Global X S&P 500 Covered Call ETF Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding XYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report).

Institutional Ownership by Quarter for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Receive News & Ratings for Global X S&P 500 Covered Call ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X S&P 500 Covered Call ETF and related companies with MarketBeat.com's FREE daily email newsletter.