Verus Capital Partners LLC Reduces Stock Position in Global X S&P 500 Covered Call ETF $XYLD

Verus Capital Partners LLC lowered its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 41.3% during the 4th quarter, HoldingsChannel reports. The firm owned 34,714 shares of the company’s stock after selling 24,405 shares during the period. Verus Capital Partners LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $1,410,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF during the 1st quarter worth $3,796,000. JPMorgan Chase & Co. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 185.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,783 shares of the company’s stock worth $420,000 after acquiring an additional 6,999 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 21.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 153,576 shares of the company’s stock worth $5,971,000 after acquiring an additional 27,606 shares during the last quarter. Ausdal Financial Partners Inc. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 30.3% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 23,486 shares of the company’s stock worth $915,000 after acquiring an additional 5,464 shares during the last quarter. Finally, MGB Wealth Management LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF during the 2nd quarter worth $26,000.

Global X S&P 500 Covered Call ETF Price Performance

Shares of Global X S&P 500 Covered Call ETF stock opened at $40.80 on Friday. The company’s fifty day simple moving average is $40.06 and its 200-day simple moving average is $40.35. The stock has a market capitalization of $3.15 billion, a PE ratio of 25.32 and a beta of 0.50. Global X S&P 500 Covered Call ETF has a 1-year low of $38.22 and a 1-year high of $41.10.

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.