Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) Stock Price Down 0.3% – Here’s What Happened

Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG)’s stock price dropped 0.3% during trading on Thursday . The company traded as low as $26.78 and last traded at $27.03. Approximately 43,642 shares traded hands during trading, a decline of 15% from the average daily volume of 51,347 shares. The stock had previously closed at $27.11.

Nasdaq 100 Covered Call & Growth ETF Price Performance

The company’s fifty day simple moving average is $27.39 and its 200-day simple moving average is $28.76. The firm has a market capitalization of $137.31 million, a PE ratio of 33.07 and a beta of 0.89.

Nasdaq 100 Covered Call & Growth ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Monday, February 23rd were given a $0.1464 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%.

Institutional Investors Weigh In On Nasdaq 100 Covered Call & Growth ETF

An institutional investor recently raised its position in Nasdaq 100 Covered Call & Growth ETF stock. SBI Securities Co. Ltd. lifted its holdings in shares of Nasdaq 100 Covered Call & Growth ETF (NASDAQ:QYLG) by 15.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 9,742 shares of the company’s stock after acquiring an additional 1,336 shares during the period. SBI Securities Co. Ltd. owned approximately 0.26% of Nasdaq 100 Covered Call & Growth ETF worth $271,000 at the end of the most recent quarter.

Nasdaq 100 Covered Call & Growth ETF Company Profile

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. QYLG was launched on Sep 18, 2020 and is managed by Global X.