Royal Bank of Canada Buys 96,222 Shares of Global X Russell 2000 Covered Call ETF $RYLD

Royal Bank of Canada raised its stake in shares of Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 20.9% in the first quarter, Holdings Channel reports. The fund owned 556,202 shares of the company’s stock after acquiring an additional 96,222 shares during the period. Royal Bank of Canada’s holdings in Global X Russell 2000 Covered Call ETF were worth $8,314,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Copley Financial Group Inc. grew its holdings in shares of Global X Russell 2000 Covered Call ETF by 53.9% in the 1st quarter. Copley Financial Group Inc. now owns 17,994 shares of the company’s stock worth $269,000 after purchasing an additional 6,301 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Global X Russell 2000 Covered Call ETF by 76.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,529 shares of the company’s stock valued at $53,000 after purchasing an additional 1,529 shares during the last quarter. Independent Financial Group LLC acquired a new position in Global X Russell 2000 Covered Call ETF in the first quarter valued at about $282,000. IMC Chicago LLC acquired a new position in Global X Russell 2000 Covered Call ETF in the first quarter valued at about $582,000. Finally, Sigma Planning Corp grew its stake in Global X Russell 2000 Covered Call ETF by 15.7% during the first quarter. Sigma Planning Corp now owns 30,344 shares of the company’s stock worth $454,000 after buying an additional 4,109 shares during the last quarter.

Global X Russell 2000 Covered Call ETF Trading Down 0.1%

Shares of Global X Russell 2000 Covered Call ETF stock opened at $16.32 on Tuesday. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 15.90 and a beta of 0.53. The firm’s 50-day moving average price is $15.97 and its two-hundred day moving average price is $15.62. Global X Russell 2000 Covered Call ETF has a 1-year low of $14.61 and a 1-year high of $16.34.

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.