Brookstone Capital Management Boosts Stock Position in Global X S&P 500 Covered Call ETF $XYLD

Brookstone Capital Management lifted its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 5.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 876,139 shares of the company’s stock after acquiring an additional 48,936 shares during the period. Brookstone Capital Management’s holdings in Global X S&P 500 Covered Call ETF were worth $34,283,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in XYLD. Jane Street Group LLC bought a new position in Global X S&P 500 Covered Call ETF in the 1st quarter worth about $3,796,000. JPMorgan Chase & Co. grew its stake in Global X S&P 500 Covered Call ETF by 185.0% during the second quarter. JPMorgan Chase & Co. now owns 10,783 shares of the company’s stock valued at $420,000 after acquiring an additional 6,999 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Global X S&P 500 Covered Call ETF by 21.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 153,576 shares of the company’s stock worth $5,971,000 after acquiring an additional 27,606 shares during the period. Ausdal Financial Partners Inc. increased its holdings in Global X S&P 500 Covered Call ETF by 30.3% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 23,486 shares of the company’s stock worth $915,000 after acquiring an additional 5,464 shares during the period. Finally, MGB Wealth Management LLC purchased a new stake in Global X S&P 500 Covered Call ETF in the 2nd quarter worth approximately $26,000.

Global X S&P 500 Covered Call ETF Price Performance

Shares of NYSEARCA:XYLD opened at $40.95 on Monday. The company has a market cap of $3.16 billion, a price-to-earnings ratio of 25.32 and a beta of 0.50. The firm has a fifty day moving average price of $40.39 and a two-hundred day moving average price of $40.39. Global X S&P 500 Covered Call ETF has a one year low of $38.22 and a one year high of $41.10.

Global X S&P 500 Covered Call ETF Profile

The Global X S&P 500 Covered Call ETF (XYLD) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 100% of each stock. XYLD was launched on Jun 24, 2013 and is managed by Global X.