Sims Investment Management LLC Takes $11.43 Million Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Sims Investment Management LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) during the fourth quarter, Holdings Channel reports. The fund acquired 272,689 shares of the company’s stock, valued at approximately $11,426,000. Global X S&P 500 Covered Call ETF makes up about 6.5% of Sims Investment Management LLC’s investment portfolio, making the stock its 4th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of Global X S&P 500 Covered Call ETF by 1,078.5% during the third quarter. JPMorgan Chase & Co. now owns 13,152 shares of the company’s stock valued at $546,000 after buying an additional 12,036 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 13.8% during the fourth quarter. Park Avenue Securities LLC now owns 17,109 shares of the company’s stock worth $717,000 after purchasing an additional 2,077 shares during the period. Atomi Financial Group Inc. bought a new stake in shares of Global X S&P 500 Covered Call ETF in the fourth quarter worth about $210,000. Janney Montgomery Scott LLC grew its stake in shares of Global X S&P 500 Covered Call ETF by 2.3% in the third quarter. Janney Montgomery Scott LLC now owns 56,196 shares of the company’s stock worth $2,332,000 after purchasing an additional 1,276 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. grew its stake in shares of Global X S&P 500 Covered Call ETF by 34.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 12,713 shares of the company’s stock worth $528,000 after purchasing an additional 3,239 shares during the last quarter.

Global X S&P 500 Covered Call ETF Price Performance

NYSEARCA XYLD opened at $41.82 on Friday. The stock has a market capitalization of $3.24 billion, a PE ratio of 26.63 and a beta of 0.65. Global X S&P 500 Covered Call ETF has a 1 year low of $37.93 and a 1 year high of $43.43. The business’s 50-day moving average is $42.41 and its 200 day moving average is $41.88.

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.