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

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

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Brookwood Investment Group LLC boosted its position in shares of Global X S&P 500 Risk Managed Income ETF by 53.9% in the 2nd 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 last quarter. SteelPeak Wealth LLC increased its holdings in Global X S&P 500 Risk Managed Income ETF by 12.0% in the second quarter. SteelPeak Wealth LLC now owns 45,225 shares of the company’s stock valued at $809,000 after purchasing an additional 4,850 shares during the last quarter. Jane Street Group LLC bought a new stake in Global X S&P 500 Risk Managed Income ETF in the first quarter valued at about $459,000. Arete Wealth Advisors LLC lifted its stake in Global X S&P 500 Risk Managed Income ETF by 12.6% in the first quarter. Arete Wealth Advisors LLC now owns 29,321 shares of the company’s stock valued at $541,000 after buying an additional 3,271 shares during the period. Finally, OLD Mission Capital LLC bought a new position in Global X S&P 500 Risk Managed Income ETF during the first quarter worth about $279,000.

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

Global X S&P 500 Risk Managed Income ETF stock opened at $17.83 on Friday. The firm has a market capitalization of $43.68 million, a P/E ratio of 25.29 and a beta of 0.35. The business has a 50-day moving average of $17.76 and a 200-day moving average of $17.78. Global X S&P 500 Risk Managed Income ETF has a 1 year low of $17.38 and a 1 year high of $19.64.

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.