Cetera Investment Advisers Has $2.23 Million Stock Position in Global X S&P 500 Risk Managed Income ETF $XRMI

Cetera Investment Advisers grew its position in Global X S&P 500 Risk Managed Income ETF (NYSEARCA:XRMI) by 22.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 124,524 shares of the company’s stock after acquiring an additional 22,532 shares during the quarter. Cetera Investment Advisers owned 4.79% of Global X S&P 500 Risk Managed Income ETF worth $2,228,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of XRMI. Brookwood Investment Group LLC lifted its position in Global X S&P 500 Risk Managed Income ETF by 53.9% in the second quarter. Brookwood Investment Group LLC now owns 23,018 shares of the company’s stock worth $412,000 after purchasing an additional 8,065 shares during the period. LPL Financial LLC raised its stake in shares of Global X S&P 500 Risk Managed Income ETF by 1.4% in the 1st quarter. LPL Financial LLC now owns 301,190 shares of the company’s stock valued at $5,554,000 after buying an additional 4,140 shares in the last quarter. Founders Financial Alliance LLC lifted its holdings in shares of Global X S&P 500 Risk Managed Income ETF by 12.2% during the 1st quarter. Founders Financial Alliance LLC now owns 37,163 shares of the company’s stock worth $685,000 after acquiring an additional 4,048 shares during the period. SteelPeak Wealth LLC boosted its position in shares of Global X S&P 500 Risk Managed Income ETF by 12.0% during the 2nd quarter. SteelPeak Wealth LLC now owns 45,225 shares of the company’s stock valued at $809,000 after acquiring an additional 4,850 shares in the last quarter. Finally, Arete Wealth Advisors LLC boosted its position in shares of Global X S&P 500 Risk Managed Income ETF by 12.6% during the 1st quarter. Arete Wealth Advisors LLC now owns 29,321 shares of the company’s stock valued at $541,000 after acquiring an additional 3,271 shares in the last quarter.

Global X S&P 500 Risk Managed Income ETF Stock Up 0.2%

NYSEARCA:XRMI opened at $17.83 on Friday. The firm has a market capitalization of $43.68 million, a PE ratio of 25.29 and a beta of 0.35. Global X S&P 500 Risk Managed Income ETF has a 12-month low of $17.38 and a 12-month high of $19.64. The firm has a 50-day moving average price of $17.76 and a 200 day moving average price of $17.78.

Global X S&P 500 Risk Managed Income ETF 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.