Strategic Financial Concepts LLC Makes New Investment in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Strategic Financial Concepts LLC acquired a new position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 108,940 shares of the company’s stock, valued at approximately $4,565,000. Strategic Financial Concepts LLC owned 0.16% of Global X S&P 500 Covered Call ETF as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Spire Wealth Management raised its position in Global X S&P 500 Covered Call ETF by 112.3% during the fourth quarter. Spire Wealth Management now owns 849 shares of the company’s stock worth $36,000 after acquiring an additional 449 shares during the period. Copley Financial Group Inc. purchased a new stake in shares of Global X S&P 500 Covered Call ETF during the third quarter worth $41,000. CWM LLC grew its holdings in shares of Global X S&P 500 Covered Call ETF by 12.2% during the third quarter. CWM LLC now owns 3,450 shares of the company’s stock worth $143,000 after buying an additional 375 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Global X S&P 500 Covered Call ETF by 182.2% during the fourth quarter. Fifth Third Bancorp now owns 4,679 shares of the company’s stock worth $196,000 after buying an additional 3,021 shares in the last quarter. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF during the fourth quarter worth $198,000.

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

Global X S&P 500 Covered Call ETF stock opened at $42.82 on Monday. Global X S&P 500 Covered Call ETF has a 52-week low of $37.93 and a 52-week high of $43.43. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. The company has a fifty day simple moving average of $42.43 and a 200-day simple moving average of $41.71.

About Global X S&P 500 Covered Call ETF

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.