Apella Capital LLC Invests $1.96 Million in Global X Russell 2000 Covered Call ETF $RYLD

Apella Capital LLC bought a new stake in shares of Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 127,206 shares of the company’s stock, valued at approximately $1,964,000.

A number of other institutional investors also recently modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of Global X Russell 2000 Covered Call ETF by 3.7% in the 3rd quarter. Bank of America Corp DE now owns 2,184,938 shares of the company’s stock worth $32,883,000 after purchasing 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% in the third quarter. Ameriprise Financial Inc. now owns 1,116,435 shares of the company’s stock worth $16,803,000 after acquiring an additional 193,407 shares during the period. Wells Fargo & Company MN boosted 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 acquiring an additional 39,830 shares in the last quarter. UBS Group AG grew its position in Global X Russell 2000 Covered Call ETF by 1.4% during the 3rd 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 during the last quarter. Finally, Cetera Investment Advisers increased its holdings in Global X Russell 2000 Covered Call ETF by 45.8% in the 4th quarter. Cetera Investment Advisers now owns 763,458 shares of the company’s stock worth $11,681,000 after buying an additional 239,743 shares in the last quarter.

Global X Russell 2000 Covered Call ETF Price Performance

NYSEARCA:RYLD opened at $15.86 on Friday. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 15.90 and a beta of 0.54. The business has a fifty day moving average price of $15.64 and a 200-day moving average price of $15.50. Global X Russell 2000 Covered Call ETF has a one year low of $14.33 and a one year high of $16.02.

Global X Russell 2000 Covered Call ETF Company Profile

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.