Foundations Investment Advisors LLC Boosts Stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Foundations Investment Advisors LLC raised its position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 29.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,993 shares of the company’s stock after purchasing an additional 5,246 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $963,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC raised its holdings in Global X S&P 500 Covered Call ETF by 1,322.1% in the third quarter. Proficio Capital Partners LLC now owns 168,665 shares of the company’s stock valued at $7,000,000 after buying an additional 156,805 shares during the period. LPL Financial LLC raised its stake in shares of Global X S&P 500 Covered Call ETF by 3.6% in the 3rd quarter. LPL Financial LLC now owns 3,213,625 shares of the company’s stock valued at $133,365,000 after acquiring an additional 110,619 shares during the period. Good Life Advisors LLC lifted its holdings in shares of Global X S&P 500 Covered Call ETF by 120.4% during the 3rd quarter. Good Life Advisors LLC now owns 179,164 shares of the company’s stock valued at $7,435,000 after acquiring an additional 97,874 shares in the last quarter. Global X Japan Co. Ltd. boosted its position in Global X S&P 500 Covered Call ETF by 35.0% during the 3rd quarter. Global X Japan Co. Ltd. now owns 376,181 shares of the company’s stock worth $15,612,000 after purchasing an additional 97,479 shares during the period. Finally, Private Advisor Group LLC boosted its position in Global X S&P 500 Covered Call ETF by 50.8% during the 3rd quarter. Private Advisor Group LLC now owns 239,861 shares of the company’s stock worth $9,954,000 after purchasing an additional 80,787 shares during the period.

Global X S&P 500 Covered Call ETF Price Performance

NYSEARCA:XYLD opened at $42.36 on Thursday. Global X S&P 500 Covered Call ETF has a 12 month low of $37.93 and a 12 month high of $43.43. The business’s 50-day moving average is $42.32 and its two-hundred day moving average is $41.53. The firm has a market capitalization of $2.97 billion, a PE ratio of 20.31 and a beta of 0.44.

About Global X S&P 500 Covered Call ETF

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.