Kaizen Financial Strategies Sells 6,190 Shares of Global X S&P 500 Covered Call ETF $XYLD

Kaizen Financial Strategies cut its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 14.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,017 shares of the company’s stock after selling 6,190 shares during the quarter. Global X S&P 500 Covered Call ETF accounts for 0.7% of Kaizen Financial Strategies’ portfolio, making the stock its 27th biggest holding. Kaizen Financial Strategies’ holdings in Global X S&P 500 Covered Call ETF were worth $1,403,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP grew its holdings in shares of Global X S&P 500 Covered Call ETF by 141.9% during the 1st quarter. Allworth Financial LP now owns 6,222 shares of the company’s stock worth $237,000 after purchasing an additional 3,650 shares in the last quarter. Wealthfront Advisers LLC lifted its position in Global X S&P 500 Covered Call ETF by 10.9% in the first quarter. Wealthfront Advisers LLC now owns 24,271 shares of the company’s stock worth $958,000 after purchasing an additional 2,389 shares during the period. Private Advisor Group LLC boosted its stake in Global X S&P 500 Covered Call ETF by 32.6% during the first quarter. Private Advisor Group LLC now owns 366,576 shares of the company’s stock worth $14,476,000 after buying an additional 90,106 shares in the last quarter. IFP Advisors Inc increased its holdings in Global X S&P 500 Covered Call ETF by 6.8% in the 1st quarter. IFP Advisors Inc now owns 4,352 shares of the company’s stock valued at $172,000 after buying an additional 277 shares during the period. Finally, Garner Asset Management Corp acquired a new position in shares of Global X S&P 500 Covered Call ETF in the 1st quarter valued at $1,824,000.

Global X S&P 500 Covered Call ETF Stock Performance

NYSEARCA:XYLD opened at $40.08 on Thursday. The company has a 50-day moving average of $39.49 and a 200-day moving average of $39.01. Global X S&P 500 Covered Call ETF has a 52 week low of $34.53 and a 52 week high of $43.43. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 25.32 and a beta of 0.53.

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.