Global X S&P 500 Covered Call ETF $XYLD is Sims Investment Management LLC’s 5th Largest Position

Sims Investment Management LLC grew its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 4.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 361,559 shares of the company’s stock after buying an additional 14,101 shares during the period. Global X S&P 500 Covered Call ETF comprises approximately 5.7% of Sims Investment Management LLC’s holdings, making the stock its 5th biggest position. Sims Investment Management LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $14,079,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Ferguson Shapiro LLC grew its position in shares of Global X S&P 500 Covered Call ETF by 5.5% during the first quarter. Ferguson Shapiro LLC now owns 5,089 shares of the company’s stock worth $201,000 after purchasing an additional 266 shares in the last quarter. IFP Advisors Inc grew its position in shares of Global X S&P 500 Covered Call ETF by 6.8% during the first quarter. IFP Advisors Inc now owns 4,352 shares of the company’s stock worth $172,000 after purchasing an additional 277 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in shares of Global X S&P 500 Covered Call ETF by 5.2% during the first quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,412 shares of the company’s stock worth $253,000 after purchasing an additional 316 shares in the last quarter. AdvisorNet Financial Inc grew its position in shares of Global X S&P 500 Covered Call ETF by 20.4% during the second quarter. AdvisorNet Financial Inc now owns 1,894 shares of the company’s stock worth $74,000 after purchasing an additional 321 shares in the last quarter. Finally, Spire Wealth Management grew its position in shares of Global X S&P 500 Covered Call ETF by 42.4% during the first quarter. Spire Wealth Management now owns 1,209 shares of the company’s stock worth $48,000 after purchasing an additional 360 shares in the last quarter.

Global X S&P 500 Covered Call ETF Trading Up 0.8%

NYSEARCA:XYLD opened at $39.77 on Friday. Global X S&P 500 Covered Call ETF has a 12-month low of $34.53 and a 12-month high of $43.43. The stock has a 50-day moving average price of $39.17 and a 200 day moving average price of $38.72. The stock has a market capitalization of $3.05 billion, a P/E ratio of 25.32 and a beta of 0.72.

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.