Capital Market Strategies LLC Trims Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Capital Market Strategies LLC trimmed its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 2.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 35,686 shares of the company’s stock after selling 853 shares during the period. Capital Market Strategies LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $619,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Atlas Capital Advisors LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the second quarter valued at about $25,000. Coppell Advisory Solutions LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the second quarter valued at about $27,000. Simplex Trading LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3,500.0% during the second quarter. Simplex Trading LLC now owns 1,800 shares of the company’s stock valued at $31,000 after acquiring an additional 1,750 shares in the last quarter. FMR LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 1,668.6% during the first quarter. FMR LLC now owns 2,140 shares of the company’s stock valued at $37,000 after acquiring an additional 2,019 shares in the last quarter. Finally, Hollencrest Capital Management grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 28.8% during the third quarter. Hollencrest Capital Management now owns 2,890 shares of the company’s stock valued at $48,000 after acquiring an additional 646 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of QYLD stock traded down $0.18 during trading hours on Friday, hitting $17.82. 7,290,884 shares of the company were exchanged, compared to its average volume of 3,351,610. Global X Nasdaq 100 Covered Call ETF has a one year low of $16.25 and a one year high of $18.16. The business’s 50-day simple moving average is $17.73 and its two-hundred day simple moving average is $17.32. The stock has a market capitalization of $7.94 billion, a price-to-earnings ratio of 21.43 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 21st were issued a $0.1772 dividend. The ex-dividend date was Tuesday, February 20th. This represents a $2.13 dividend on an annualized basis and a yield of 11.93%.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.