Brookstone Capital Management Has $8.79 Million Position in Global X Russell 2000 Covered Call ETF $RYLD

Brookstone Capital Management raised its holdings in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 6.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 587,762 shares of the company’s stock after buying an additional 35,240 shares during the quarter. Brookstone Capital Management owned 0.69% of Global X Russell 2000 Covered Call ETF worth $8,787,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE increased its stake in Global X Russell 2000 Covered Call ETF by 3.7% in the third quarter. Bank of America Corp DE now owns 2,184,938 shares of the company’s stock valued at $32,883,000 after acquiring an additional 77,153 shares during the period. Ameriprise Financial Inc. lifted its stake in Global X Russell 2000 Covered Call ETF by 21.0% during the third quarter. Ameriprise Financial Inc. now owns 1,116,435 shares of the company’s stock worth $16,803,000 after purchasing an additional 193,407 shares during the period. Wells Fargo & Company MN lifted its stake in Global X Russell 2000 Covered Call ETF by 4.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,012,644 shares of the company’s stock worth $15,493,000 after purchasing an additional 39,830 shares during the period. UBS Group AG boosted its holdings in Global X Russell 2000 Covered Call ETF by 1.4% during the third quarter. UBS Group AG now owns 919,330 shares of the company’s stock valued at $13,836,000 after purchasing an additional 12,701 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Global X Russell 2000 Covered Call ETF by 45.8% during the fourth quarter. Cetera Investment Advisers now owns 763,458 shares of the company’s stock valued at $11,681,000 after purchasing an additional 239,743 shares in the last quarter.

Global X Russell 2000 Covered Call ETF Trading Down 1.0%

RYLD stock opened at $15.85 on Tuesday. Global X Russell 2000 Covered Call ETF has a 1-year low of $14.33 and a 1-year high of $16.02. The firm has a market cap of $1.36 billion, a P/E ratio of 15.90 and a beta of 0.54. The business’s 50 day moving average is $15.59 and its 200-day moving average is $15.48.

About Global X Russell 2000 Covered Call ETF

The Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund that is based on the CBOE Russell 2000 BuyWrite index. The fund tracks a market-cap selected and weighted index along with call options for the underlying index. RYLD was launched on Apr 17, 2019 and is managed by Global X.