Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) Shares Up 0.4% – Here’s What Happened

Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA)’s share price shot up 0.4% during trading on Wednesday . The company traded as high as $22.51 and last traded at $22.51. 38,599 shares were traded during trading, a decline of 46% from the average session volume of 72,051 shares. The stock had previously closed at $22.42.

Global X Dow 30 Covered Call ETF Stock Up 0.4%

The firm’s fifty day moving average is $22.35 and its two-hundred day moving average is $22.13. The firm has a market cap of $165.22 million, a P/E ratio of 21.12 and a beta of 0.47.

Global X Dow 30 Covered Call ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, February 26th. Investors of record on Monday, February 23rd will be given a dividend of $0.1085 per share. The ex-dividend date is Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 5.8%.

Institutional Trading of Global X Dow 30 Covered Call ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new position in shares of Global X Dow 30 Covered Call ETF during the 3rd quarter worth approximately $26,000. Simplex Trading LLC lifted its stake in shares of Global X Dow 30 Covered Call ETF by 327.3% in the 4th quarter. Simplex Trading LLC now owns 1,440 shares of the company’s stock valued at $32,000 after purchasing an additional 1,103 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of Global X Dow 30 Covered Call ETF during the fourth quarter valued at approximately $37,000. Flagship Harbor Advisors LLC bought a new stake in shares of Global X Dow 30 Covered Call ETF during the fourth quarter valued at approximately $75,000. Finally, Bank of Montreal Can purchased a new stake in Global X Dow 30 Covered Call ETF in the second quarter worth $155,000.

Global X Dow 30 Covered Call ETF Company Profile

The Global X Dow 30 Covered Call ETF (DJIA) is an exchange-traded fund that is based on the DJIA Cboe BuyWrite v2 index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the stocks in the Dow Jones Industrial Average and sell at-the-money index call options on each position. DJIA was launched on Feb 23, 2022 and is managed by Global X.