ARQ Wealth Advisors LLC Purchases 109,495 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

ARQ Wealth Advisors LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 68.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 269,371 shares of the company’s stock after buying an additional 109,495 shares during the period. Global X Nasdaq 100 Covered Call ETF makes up about 1.4% of ARQ Wealth Advisors LLC’s holdings, making the stock its 26th largest holding. ARQ Wealth Advisors LLC owned 0.06% of Global X Nasdaq 100 Covered Call ETF worth $4,582,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in QYLD. Retirement Financial Solutions LLC lifted its stake in Global X Nasdaq 100 Covered Call ETF by 3.1% in the third quarter. Retirement Financial Solutions LLC now owns 20,215 shares of the company’s stock worth $344,000 after purchasing an additional 605 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.0% during the third quarter. Signature Estate & Investment Advisors LLC now owns 21,771 shares of the company’s stock valued at $370,000 after buying an additional 629 shares during the last quarter. IMG Wealth Management Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 5.4% in the third quarter. IMG Wealth Management Inc. now owns 15,796 shares of the company’s stock worth $269,000 after buying an additional 805 shares during the period. MAS Advisors LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 2.4% in the third quarter. MAS Advisors LLC now owns 34,809 shares of the company’s stock worth $592,000 after buying an additional 806 shares during the period. Finally, Milestone Asset Management LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.2% in the 3rd quarter. Milestone Asset Management LLC now owns 26,589 shares of the company’s stock valued at $452,000 after acquiring an additional 833 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of QYLD stock opened at $17.75 on Wednesday. The business has a 50-day moving average of $17.68 and a 200 day moving average of $17.44. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $14.48 and a 1-year high of $18.00. The stock has a market capitalization of $8.30 billion, a PE ratio of 32.28 and a beta of 0.65.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Monday, February 23rd were given a $0.1771 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a yield of 12.0%.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.