Perennial Investment Advisors LLC Trims Stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Perennial Investment Advisors LLC lessened its holdings in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 25.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,765 shares of the company’s stock after selling 7,232 shares during the quarter. Perennial Investment Advisors LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $870,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of XYLD. Spire Wealth Management raised its holdings in Global X S&P 500 Covered Call ETF by 112.3% in the 4th quarter. Spire Wealth Management now owns 849 shares of the company’s stock worth $36,000 after purchasing an additional 449 shares during the period. Copley Financial Group Inc. purchased a new position in shares of Global X S&P 500 Covered Call ETF during the 3rd quarter valued at about $41,000. Murphy & Mullick Capital Management Corp bought a new position in shares of Global X S&P 500 Covered Call ETF during the 4th quarter valued at approximately $59,000. Smartleaf Asset Management LLC purchased a new stake in Global X S&P 500 Covered Call ETF in the 4th quarter worth approximately $61,000. Finally, Cape Investment Advisory Inc. raised its stake in Global X S&P 500 Covered Call ETF by 731.5% during the 4th quarter. Cape Investment Advisory Inc. now owns 1,663 shares of the company’s stock worth $70,000 after acquiring an additional 1,463 shares during the period.

Global X S&P 500 Covered Call ETF Price Performance

XYLD opened at $36.20 on Friday. The company has a 50 day simple moving average of $41.08 and a two-hundred day simple moving average of $41.66. The firm has a market cap of $2.82 billion, a P/E ratio of 24.75 and a beta of 0.56. Global X S&P 500 Covered Call ETF has a 1-year low of $36.17 and a 1-year high of $43.43.

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.