Principal Securities Inc. Buys 11,755 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Principal Securities Inc. grew its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 3.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 408,501 shares of the company’s stock after acquiring an additional 11,755 shares during the period. Principal Securities Inc.’s holdings in Global X S&P 500 Covered Call ETF were worth $16,953,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. San Luis Wealth Advisors LLC boosted its stake in shares of Global X S&P 500 Covered Call ETF by 128.2% during the third quarter. San Luis Wealth Advisors LLC now owns 15,797 shares of the company’s stock valued at $656,000 after purchasing an additional 8,876 shares in the last quarter. AdvisorNet Financial Inc bought a new position in shares of Global X S&P 500 Covered Call ETF during the second quarter valued at approximately $153,000. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 22.5% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 7,524 shares of the company’s stock valued at $307,000 after purchasing an additional 1,384 shares in the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 53.5% during the first quarter. Avantax Advisory Services Inc. now owns 147,299 shares of the company’s stock valued at $6,008,000 after purchasing an additional 51,340 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 19.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 168,879 shares of the company’s stock valued at $6,889,000 after purchasing an additional 26,958 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

NYSEARCA XYLD opened at $40.86 on Friday. The firm’s 50 day moving average price is $41.36 and its 200-day moving average price is $40.67. Global X S&P 500 Covered Call ETF has a 52-week low of $37.89 and a 52-week high of $41.92. The company has a market cap of $2.86 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.