Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) Reaches New 52-Week Low – Here’s What Happened

Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLDGet Free Report) hit a new 52-week low on Thursday . The company traded as low as $14.49 and last traded at $14.58, with a volume of 1083232 shares trading hands. The stock had previously closed at $15.25.

Global X Russell 2000 Covered Call ETF Price Performance

The firm’s fifty day moving average is $15.89 and its two-hundred day moving average is $16.25. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 16.18 and a beta of 0.59.

Institutional Investors Weigh In On Global X Russell 2000 Covered Call ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Global X Russell 2000 Covered Call ETF in the 4th quarter worth $13,756,000. HUB Investment Partners LLC lifted its holdings in Global X Russell 2000 Covered Call ETF by 47.7% in the 4th quarter. HUB Investment Partners LLC now owns 942,986 shares of the company’s stock valued at $15,408,000 after acquiring an additional 304,557 shares during the last quarter. LPL Financial LLC boosted its position in shares of Global X Russell 2000 Covered Call ETF by 10.4% during the 4th quarter. LPL Financial LLC now owns 3,230,420 shares of the company’s stock valued at $52,785,000 after purchasing an additional 303,441 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Global X Russell 2000 Covered Call ETF in the 4th quarter worth approximately $3,860,000. Finally, Palacios Wealth Management LLC bought a new stake in shares of Global X Russell 2000 Covered Call ETF in the 4th quarter worth approximately $3,788,000.

Global X Russell 2000 Covered Call ETF Company Profile

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Further Reading

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