Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Trading 0.1% Higher – Time to Buy?

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLGGet Free Report) rose 0.1% on Tuesday . The company traded as high as $28.15 and last traded at $28.05. Approximately 46,519 shares changed hands during mid-day trading, an increase of 61% from the average daily volume of 28,833 shares. The stock had previously closed at $28.03.

Nasdaq 100 Covered Call & Growth ETF Stock Up 0.1%

The stock has a market cap of $104.63 million, a P/E ratio of 33.07 and a beta of 0.93. The company has a 50-day simple moving average of $27.14 and a two-hundred day simple moving average of $27.02.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were issued a dividend of $0.1598 per share. The ex-dividend date was Monday, June 23rd. This represents a $1.92 dividend on an annualized basis and a dividend yield of 6.84%.

Institutional Trading of Nasdaq 100 Covered Call & Growth ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. OLD Mission Capital LLC bought a new position in shares of Nasdaq 100 Covered Call & Growth ETF during the fourth quarter valued at approximately $389,000. SBI Securities Co. Ltd. grew its stake in shares of Nasdaq 100 Covered Call & Growth ETF by 17.1% in the 1st quarter. SBI Securities Co. Ltd. now owns 8,406 shares of the company’s stock worth $216,000 after buying an additional 1,230 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in Nasdaq 100 Covered Call & Growth ETF by 133.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,381 shares of the company’s stock valued at $150,000 after buying an additional 3,073 shares in the last quarter.

Nasdaq 100 Covered Call & Growth ETF Company Profile

(Get Free Report)

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth.

Further Reading

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