Palacios Wealth Management LLC Trims Position in Global X Russell 2000 Covered Call ETF $RYLD

Palacios Wealth Management LLC cut its holdings in shares of Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 59.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 129,964 shares of the company’s stock after selling 187,550 shares during the period. Global X Russell 2000 Covered Call ETF accounts for 1.5% of Palacios Wealth Management LLC’s portfolio, making the stock its 18th biggest position. Palacios Wealth Management LLC owned approximately 0.15% of Global X Russell 2000 Covered Call ETF worth $1,988,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Advisory Services Network LLC purchased a new stake in Global X Russell 2000 Covered Call ETF in the third quarter worth $37,000. Qube Research & Technologies Ltd grew its stake in Global X Russell 2000 Covered Call ETF by 67.5% in the third quarter. Qube Research & Technologies Ltd now owns 2,643 shares of the company’s stock worth $40,000 after purchasing an additional 1,065 shares during the period. Farther Finance Advisors LLC grew its stake in Global X Russell 2000 Covered Call ETF by 85.3% in the fourth quarter. Farther Finance Advisors LLC now owns 2,876 shares of the company’s stock worth $44,000 after purchasing an additional 1,324 shares during the period. Alaska Permanent Capital Management LLC purchased a new stake in Global X Russell 2000 Covered Call ETF in the third quarter worth $128,000. Finally, Atlantic Private Wealth LLC purchased a new stake in Global X Russell 2000 Covered Call ETF in the third quarter worth $142,000.

Global X Russell 2000 Covered Call ETF Stock Up 0.4%

Shares of RYLD stock opened at $15.32 on Thursday. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 15.90 and a beta of 0.55. The business’s fifty day moving average is $15.30 and its 200 day moving average is $15.38. Global X Russell 2000 Covered Call ETF has a twelve month low of $14.13 and a twelve month high of $16.02.

Global X Russell 2000 Covered Call ETF Company Profile

The Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund that is based on the CBOE Russell 2000 BuyWrite index. The fund tracks a market-cap selected and weighted index along with call options for the underlying index. RYLD was launched on Apr 17, 2019 and is managed by Global X.