Founders Financial Alliance LLC Has $448,000 Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Founders Financial Alliance LLC boosted its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 12.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,358 shares of the company’s stock after purchasing an additional 1,274 shares during the quarter. Founders Financial Alliance LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $448,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Western Wealth Management LLC grew its holdings in Global X S&P 500 Covered Call ETF by 108.3% during the third quarter. Western Wealth Management LLC now owns 24,009 shares of the company’s stock valued at $934,000 after purchasing an additional 12,485 shares during the period. Good Life Advisors LLC boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 0.9% in the fourth quarter. Good Life Advisors LLC now owns 48,723 shares of the company’s stock valued at $1,922,000 after buying an additional 431 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Global X S&P 500 Covered Call ETF in the third quarter valued at approximately $316,000. Raymond James & Associates boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 20.0% in the fourth quarter. Raymond James & Associates now owns 304,370 shares of the company’s stock valued at $12,004,000 after buying an additional 50,746 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in shares of Global X S&P 500 Covered Call ETF by 2.6% in the third quarter. B. Riley Wealth Advisors Inc. now owns 36,990 shares of the company’s stock valued at $1,439,000 after buying an additional 944 shares during the period.

Global X S&P 500 Covered Call ETF Price Performance

Shares of Global X S&P 500 Covered Call ETF stock traded up $0.23 on Friday, hitting $40.13. The company had a trading volume of 260,478 shares, compared to its average volume of 431,672. The firm has a market capitalization of $2.81 billion, a P/E ratio of 20.31 and a beta of 0.44. Global X S&P 500 Covered Call ETF has a twelve month low of $37.49 and a twelve month high of $41.54. The stock has a 50-day moving average of $40.35 and a 200-day moving average of $39.88.

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.