AlphaCore Capital LLC Decreases Stake in Global X S&P 500 Covered Call ETF $XYLD

AlphaCore Capital LLC cut its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 87.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 774 shares of the company’s stock after selling 5,647 shares during the period. AlphaCore Capital LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $30,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of Global X S&P 500 Covered Call ETF by 185.0% during the second quarter. JPMorgan Chase & Co. now owns 10,783 shares of the company’s stock valued at $420,000 after acquiring an additional 6,999 shares during the last quarter. PKS Advisory Services LLC lifted its holdings in shares of Global X S&P 500 Covered Call ETF by 4.5% during the 2nd quarter. PKS Advisory Services LLC now owns 13,023 shares of the company’s stock valued at $507,000 after acquiring an additional 557 shares in the last quarter. Beta Wealth Group Inc. grew its stake in shares of Global X S&P 500 Covered Call ETF by 348.4% in the second quarter. Beta Wealth Group Inc. now owns 116,929 shares of the company’s stock valued at $4,553,000 after buying an additional 90,853 shares in the last quarter. Citizens Financial Group Inc. RI purchased a new position in shares of Global X S&P 500 Covered Call ETF in the second quarter valued at $253,000. Finally, Collaborative Wealth Managment Inc. purchased a new stake in shares of Global X S&P 500 Covered Call ETF during the second quarter worth about $406,000.

Global X S&P 500 Covered Call ETF Trading Up 0.3%

Global X S&P 500 Covered Call ETF stock opened at $40.25 on Friday. The stock has a market cap of $3.09 billion, a P/E ratio of 25.32 and a beta of 0.53. Global X S&P 500 Covered Call ETF has a 52 week low of $34.53 and a 52 week high of $43.43. The stock has a 50 day moving average of $39.66 and a 200-day moving average of $39.12.

Global X S&P 500 Covered Call ETF Company 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.