Farther Finance Advisors LLC Invests $322,000 in S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG)

Farther Finance Advisors LLC acquired a new position in S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,151 shares of the company’s stock, valued at approximately $322,000. Farther Finance Advisors LLC owned about 0.54% of S&P 500 Covered Call & Growth ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. NBC Securities Inc. lifted its position in S&P 500 Covered Call & Growth ETF by 147,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,480 shares of the company’s stock worth $39,000 after acquiring an additional 1,479 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of S&P 500 Covered Call & Growth ETF during the 4th quarter worth about $388,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of S&P 500 Covered Call & Growth ETF during the 4th quarter worth about $108,000.

S&P 500 Covered Call & Growth ETF Stock Performance

NYSEARCA XYLG opened at $27.03 on Wednesday. S&P 500 Covered Call & Growth ETF has a twelve month low of $23.07 and a twelve month high of $33.71. The stock has a market capitalization of $61.09 million, a PE ratio of 25.15 and a beta of 0.82. The stock has a 50-day simple moving average of $26.26 and a 200 day simple moving average of $27.88.

S&P 500 Covered Call & Growth ETF Company Profile

The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.