Institute for Wealth Management LLC. Has $2.69 Million Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Institute for Wealth Management LLC. lessened its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 4.5% during the 4th quarter, Holdings Channel reports. The firm owned 147,857 shares of the company’s stock after selling 6,978 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $2,694,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Crewe Advisors LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 601.6% during the third quarter. Crewe Advisors LLC now owns 1,712 shares of the company’s stock worth $31,000 after buying an additional 1,468 shares in the last quarter. Copley Financial Group Inc. bought a new position in shares of Global X Nasdaq 100 Covered Call ETF in the third quarter valued at about $35,000. Darwin Wealth Management LLC acquired a new stake in Global X Nasdaq 100 Covered Call ETF in the 3rd quarter valued at about $70,000. AdvisorNet Financial Inc raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 141.8% in the fourth quarter. AdvisorNet Financial Inc now owns 3,862 shares of the company’s stock worth $70,000 after acquiring an additional 2,265 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 61,414.3% during the third quarter. BNP Paribas Financial Markets now owns 4,306 shares of the company’s stock valued at $78,000 after purchasing an additional 4,299 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD stock opened at $18.47 on Friday. The stock has a market capitalization of $8.68 billion, a PE ratio of 28.58 and a beta of 0.71. The company has a 50 day moving average price of $18.38 and a 200 day moving average price of $18.03. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $15.91 and a fifty-two week high of $18.81.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 28th. Stockholders of record on Tuesday, January 21st were paid a dividend of $0.1877 per share. The ex-dividend date was Tuesday, January 21st.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.