TCG Advisory Services LLC Purchases 39,857 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

TCG Advisory Services LLC lifted its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 49.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 120,036 shares of the company’s stock after purchasing an additional 39,857 shares during the quarter. TCG Advisory Services LLC owned about 0.17% of Global X S&P 500 Covered Call ETF worth $4,734,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Providence Capital Advisors LLC purchased a new position in Global X S&P 500 Covered Call ETF during the third quarter valued at $25,000. Cornerstone Planning Group LLC purchased a new position in Global X S&P 500 Covered Call ETF during the third quarter valued at $39,000. NBC Securities Inc. purchased a new position in Global X S&P 500 Covered Call ETF during the third quarter valued at $54,000. FinTrust Capital Advisors LLC purchased a new position in Global X S&P 500 Covered Call ETF during the third quarter valued at $56,000. Finally, Accurate Wealth Management LLC purchased a new position in Global X S&P 500 Covered Call ETF during the fourth quarter valued at $216,000.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD stock traded up $0.18 during mid-day trading on Friday, hitting $40.23. The company’s stock had a trading volume of 463,675 shares, compared to its average volume of 441,753. Global X S&P 500 Covered Call ETF has a 52-week low of $37.49 and a 52-week high of $41.54. The business has a 50-day moving average price of $40.36 and a 200 day moving average price of $39.69. The stock has a market cap of $2.82 billion, a price-to-earnings 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.