J.W. Cole Advisors Inc. Grows Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

J.W. Cole Advisors Inc. grew its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 5.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 342,107 shares of the company’s stock after acquiring an additional 17,821 shares during the period. J.W. Cole Advisors Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $5,932,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in QYLD. Atlas Capital Advisors LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 2nd quarter valued at approximately $25,000. Coppell Advisory Solutions LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter valued at approximately $27,000. Allworth Financial LP grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 379.9% in the fourth quarter. Allworth Financial LP now owns 1,646 shares of the company’s stock valued at $29,000 after purchasing an additional 1,303 shares in the last quarter. FMR LLC grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 1,668.6% in the first quarter. FMR LLC now owns 2,140 shares of the company’s stock valued at $37,000 after purchasing an additional 2,019 shares in the last quarter. Finally, Hollencrest Capital Management grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 28.8% in the third quarter. Hollencrest Capital Management now owns 2,890 shares of the company’s stock valued at $48,000 after purchasing an additional 646 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of QYLD stock traded down $0.31 during trading on Friday, reaching $17.28. The company’s stock had a trading volume of 8,042,008 shares, compared to its average volume of 3,729,436. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 29.62 and a beta of 0.55. The stock’s 50-day moving average price is $17.85 and its 200 day moving average price is $17.44. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $16.25 and a 1-year high of $18.16.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

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

About Global X Nasdaq 100 Covered Call ETF

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.