Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers raised its position in shares of Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,685 shares of the company’s stock after acquiring an additional 1,972 shares during the quarter. Cetera Investment Advisers owned approximately 6.02% of Global X S&P 500 Risk Managed Income ETF worth $2,078,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in XRMI. SBI Securities Co. Ltd. acquired a new stake in shares of Global X S&P 500 Risk Managed Income ETF in the fourth quarter valued at approximately $121,000. Arete Wealth Advisors LLC grew its position in Global X S&P 500 Risk Managed Income ETF by 8.1% in the fourth quarter. Arete Wealth Advisors LLC now owns 26,050 shares of the company’s stock worth $502,000 after acquiring an additional 1,956 shares during the period. Founders Financial Alliance LLC grew its position in Global X S&P 500 Risk Managed Income ETF by 13.0% in the fourth quarter. Founders Financial Alliance LLC now owns 33,115 shares of the company’s stock worth $639,000 after acquiring an additional 3,809 shares during the period. Principal Securities Inc. grew its position in Global X S&P 500 Risk Managed Income ETF by 7.0% in the fourth quarter. Principal Securities Inc. now owns 95,432 shares of the company’s stock worth $1,842,000 after acquiring an additional 6,277 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Global X S&P 500 Risk Managed Income ETF by 11.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 99,672 shares of the company’s stock worth $1,924,000 after acquiring an additional 9,856 shares during the period.

Global X S&P 500 Risk Managed Income ETF Stock Performance

Shares of Global X S&P 500 Risk Managed Income ETF stock opened at $17.78 on Tuesday. The firm has a market capitalization of $45.69 million, a price-to-earnings ratio of 24.26 and a beta of 0.35. Global X S&P 500 Risk Managed Income ETF has a fifty-two week low of $17.38 and a fifty-two week high of $19.64. The stock has a 50 day moving average of $18.08 and a 200 day moving average of $18.84.

Global X S&P 500 Risk Managed Income ETF Company Profile

The Global X S&P 500 Risk Managed Income ETF (XRMI) is an exchange-traded fund that is based on the Cboe S&P 500 Risk Managed Income index. The fund tracks an index that holds S&P 500 stocks combined with an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis.