Kapstone Financial Advisors LLC Grows Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Kapstone Financial Advisors LLC grew its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 8.4% in the fourth quarter, HoldingsChannel reports. The fund owned 16,467 shares of the company’s stock after acquiring an additional 1,275 shares during the quarter. Kapstone Financial Advisors LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $303,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Cape Investment Advisory Inc. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 16.6% in the 4th quarter. Cape Investment Advisory Inc. now owns 3,864 shares of the company’s stock worth $70,000 after purchasing an additional 551 shares during the period. First Heartland Consultants Inc. lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 3.7% during the 3rd quarter. First Heartland Consultants Inc. now owns 15,777 shares of the company’s stock valued at $285,000 after buying an additional 567 shares in the last quarter. Global Retirement Partners LLC grew its stake in Global X Nasdaq 100 Covered Call ETF by 0.9% in the 4th quarter. Global Retirement Partners LLC now owns 66,486 shares of the company’s stock valued at $1,211,000 after acquiring an additional 587 shares during the period. Wealth Effects LLC increased its holdings in Global X Nasdaq 100 Covered Call ETF by 0.9% in the 4th quarter. Wealth Effects LLC now owns 71,704 shares of the company’s stock worth $1,306,000 after acquiring an additional 625 shares in the last quarter. Finally, Avior Wealth Management LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 4.1% during the fourth quarter. Avior Wealth Management LLC now owns 18,520 shares of the company’s stock worth $337,000 after acquiring an additional 723 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Down 2.1 %

QYLD opened at $17.57 on Tuesday. The firm’s fifty day simple moving average is $18.45 and its two-hundred day simple moving average is $18.22. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $15.91 and a 52-week high of $18.89. The company has a market cap of $8.30 billion, a price-to-earnings ratio of 33.29 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were issued a $0.165 dividend. The ex-dividend date of this dividend was Monday, February 24th.

Global X Nasdaq 100 Covered Call ETF Profile

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.