AlphaStar Capital Management LLC Invests $763,000 in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

AlphaStar Capital Management LLC purchased a new stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 18,220 shares of the company’s stock, valued at approximately $763,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Solutions 4 Wealth Ltd raised its stake in shares of Global X S&P 500 Covered Call ETF by 9.6% in the 4th quarter. Solutions 4 Wealth Ltd now owns 8,125 shares of the company’s stock valued at $340,000 after acquiring an additional 715 shares during the period. Global X Japan Co. Ltd. boosted its position in Global X S&P 500 Covered Call ETF by 4.3% during the 4th quarter. Global X Japan Co. Ltd. now owns 392,323 shares of the company’s stock worth $16,438,000 after purchasing an additional 16,142 shares during the period. Strategic Financial Concepts LLC acquired a new stake in Global X S&P 500 Covered Call ETF in the 4th quarter valued at $4,565,000. Trilogy Capital Inc. raised its position in Global X S&P 500 Covered Call ETF by 12.4% in the fourth quarter. Trilogy Capital Inc. now owns 6,952 shares of the company’s stock valued at $291,000 after purchasing an additional 769 shares during the period. Finally, WJ Wealth Management LLC lifted its stake in shares of Global X S&P 500 Covered Call ETF by 791.1% during the fourth quarter. WJ Wealth Management LLC now owns 228,351 shares of the company’s stock worth $9,568,000 after purchasing an additional 202,725 shares in the last quarter.

Global X S&P 500 Covered Call ETF Price Performance

Shares of NYSEARCA XYLD opened at $42.50 on Friday. Global X S&P 500 Covered Call ETF has a 1-year low of $37.93 and a 1-year high of $43.43. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 20.31 and a beta of 0.44. The business has a 50-day moving average of $42.38 and a 200-day moving average of $41.61.

Global X S&P 500 Covered Call ETF 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.