Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Reaches New 12-Month High – Here’s What Happened

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $18.10 and last traded at $18.10, with a volume of 3248115 shares changing hands. The stock had previously closed at $18.06.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.2%

The firm has a market capitalization of $8.39 billion, a P/E ratio of 32.28 and a beta of 0.63. The company has a 50 day simple moving average of $17.56 and a two-hundred day simple moving average of $17.57.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 23rd. Investors of record on Monday, April 20th were paid a $0.1789 dividend. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.17. The ex-dividend date was Monday, April 20th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in QYLD. Jones Financial Companies Lllp purchased a new position in Global X Nasdaq 100 Covered Call ETF in the first quarter worth $244,000. Focus Partners Wealth raised its position in Global X Nasdaq 100 Covered Call ETF by 81.4% in the first quarter. Focus Partners Wealth now owns 35,289 shares of the company’s stock worth $587,000 after acquiring an additional 15,835 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Global X Nasdaq 100 Covered Call ETF by 3.3% in the second quarter. JPMorgan Chase & Co. now owns 405,374 shares of the company’s stock valued at $6,778,000 after purchasing an additional 12,914 shares during the last quarter. Cerity Partners LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 186.7% during the 2nd quarter. Cerity Partners LLC now owns 326,875 shares of the company’s stock worth $5,456,000 after buying an additional 212,857 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 68.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 87,610 shares of the company’s stock worth $1,465,000 after buying an additional 35,570 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Company Profile

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.