Janney Montgomery Scott LLC Raises Stock Position in S&P 500 Covered Call & Growth ETF $XYLG

Janney Montgomery Scott LLC increased its position in shares of S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) by 377.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,763 shares of the company’s stock after buying an additional 40,139 shares during the period. Janney Montgomery Scott LLC owned about 2.22% of S&P 500 Covered Call & Growth ETF worth $1,334,000 at the end of the most recent quarter.

S&P 500 Covered Call & Growth ETF Stock Up 0.3%

Shares of S&P 500 Covered Call & Growth ETF stock traded up $0.08 on Friday, reaching $29.12. The stock had a trading volume of 17,155 shares, compared to its average volume of 23,340. S&P 500 Covered Call & Growth ETF has a 1 year low of $25.63 and a 1 year high of $29.91. The company has a 50 day moving average price of $28.69 and a 200 day moving average price of $27.93. The stock has a market capitalization of $66.39 million, a P/E ratio of 25.30 and a beta of 0.75.

S&P 500 Covered Call & Growth ETF Company Profile

The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.