Global X NASDAQ 100 Risk Managed Income ETF (QRMI) Price, Holdings, & News

ETF Overview

The Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that holds NASDAQ 100 stocks while employing an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis. QRMI was launched on Aug 25, 2021 and is managed by Global X.

Key Stats

• Today's Range: $15.62 to $15.73
• 50-Day Range: $15.61 to $17.00
• 52-Week Range: $15.57 to $17.77
• Volume: 10,440 shs
• Average Volume: 9,479 shs
• Market Capitalization: $17.74 million
• Assets Under Management: $17.29 million
• Dividend Yield: 12.80%
• Net Expense Ratio: 0.60%
• Aggregate Rating: Moderate Buy

QRMI ETF - Frequently Asked Questions

How have QRMI shares performed this year?

Global X NASDAQ 100 Risk Managed Income ETF's stock was trading at $17.42 at the start of the year. Since then, QRMI stock has decreased by 9.9% and is now trading at $15.70.

Who are Global X NASDAQ 100 Risk Managed Income ETF's major shareholders?

Top institutional investors of Global X NASDAQ 100 Risk Managed Income ETF include Kingsview Wealth Management LLC (3.71%) and Tactive Advisors LLC (3.05%).

How do I buy shares of Global X NASDAQ 100 Risk Managed Income ETF?

Shares of QRMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Global X NASDAQ 100 Risk Managed Income ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Global X NASDAQ 100 Risk Managed Income ETF investors own include YieldMax NVDA Option Income Strategy ETF (NVDY), YieldMax COIN Option Income Strategy ETF (CONY), YieldMax META Option Income Strategy ETF (FBY), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Oxford Lane Capital (OXLC), Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF (QQQY) and AGNC Investment (AGNC).

Fund Details

• Issuer: Global X
• Fund Name: Global X NASDAQ 100 Risk Managed Income ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:QRMI
• Inception Date: 8/25/2021
• Fund Manager: John Belanger, Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: Nasdaq-100 Monthly Net Credit Collar 95-100 Index
• Category: Strategy
• Focus: Large Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 107

Fund Statistics

• Assets Under Management: $17.29 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.00%

Administrator, Advisor and Custodian

• Administrator: Global X Management Company LLC
• Advisor: Global X Management Company LLC
• Custodian: Brown Brothers Harriman & Co.
• Distributor: SEI Investments Distribution Co.
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: Optionable
• Options Volume: 2
• Put Options: 7
• Call Options: 2
• Short Interest: 9,900 shs

Miscellaneous

• Outstanding Shares: 1,130,000
• Beta: 0.39
• Creation Unit: 10,000
• Creation Fee: $500.00