Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Shares Down 0.5% – Time to Sell?

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG)’s stock price traded down 0.5% on Monday . The stock traded as low as $29.54 and last traded at $29.68. 35,564 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 36,716 shares. The stock had previously closed at $29.83.

Nasdaq 100 Covered Call & Growth ETF Trading Down 0.5%

The stock has a market cap of $120.80 million, a PE ratio of 33.07 and a beta of 0.89. The firm has a fifty day simple moving average of $29.61 and a two-hundred day simple moving average of $28.30.

Nasdaq 100 Covered Call & Growth ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 27th. Shareholders of record on Monday, October 20th were given a dividend of $0.2399 per share. The ex-dividend date was Monday, October 20th. This is a boost from Nasdaq 100 Covered Call & Growth ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a yield of 9.7%.

Hedge Funds Weigh In On Nasdaq 100 Covered Call & Growth ETF

A number of institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC lifted its holdings in shares of 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 worth $150,000 after acquiring an additional 3,073 shares during the last quarter. SBI Securities Co. Ltd. raised its position in Nasdaq 100 Covered Call & Growth ETF by 15.9% during the second quarter. SBI Securities Co. Ltd. now owns 9,742 shares of the company’s stock valued at $271,000 after purchasing an additional 1,336 shares in the last quarter. Finally, Triumph Capital Management raised its position in Nasdaq 100 Covered Call & Growth ETF by 4.6% during the third quarter. Triumph Capital Management now owns 16,299 shares of the company’s stock valued at $478,000 after purchasing an additional 723 shares in the last quarter.

About Nasdaq 100 Covered Call & Growth ETF

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.