Pin Oak Investment Advisors Inc. Raises Stock Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Pin Oak Investment Advisors Inc. grew its position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 44,536.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 24,550 shares of the company’s stock after purchasing an additional 24,495 shares during the period. Global X S&P 500 Covered Call ETF accounts for 0.9% of Pin Oak Investment Advisors Inc.’s holdings, making the stock its 23rd largest position. Pin Oak Investment Advisors Inc.’s holdings in Global X S&P 500 Covered Call ETF were worth $1,018,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its position in Global X S&P 500 Covered Call ETF by 13.4% in the second quarter. LPL Financial LLC now owns 3,103,006 shares of the company’s stock valued at $125,455,000 after buying an additional 366,810 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Global X S&P 500 Covered Call ETF by 585.9% in the 1st quarter. Cetera Investment Advisers now owns 380,329 shares of the company’s stock worth $15,514,000 after acquiring an additional 324,879 shares during the last quarter. One Capital Management LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF during the 2nd quarter worth approximately $8,968,000. Proficio Capital Partners LLC raised its position in Global X S&P 500 Covered Call ETF by 1,322.1% in the third quarter. Proficio Capital Partners LLC now owns 168,665 shares of the company’s stock valued at $7,000,000 after purchasing an additional 156,805 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of Global X S&P 500 Covered Call ETF by 33.8% during the second quarter. Envestnet Asset Management Inc. now owns 538,183 shares of the company’s stock worth $21,759,000 after buying an additional 135,930 shares during the period.

Global X S&P 500 Covered Call ETF Stock Down 0.1 %

Shares of XYLD stock opened at $42.05 on Thursday. The firm has a 50 day moving average of $41.63 and a two-hundred day moving average of $40.90. Global X S&P 500 Covered Call ETF has a 52 week low of $37.93 and a 52 week high of $42.23. The stock has a market capitalization of $2.95 billion, a PE ratio of 20.31 and a beta of 0.44.

Global X S&P 500 Covered Call ETF Company 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.