Osaic Holdings Inc. Sells 222,896 Shares of Invesco S&P 500 BuyWrite ETF $PBP

Osaic Holdings Inc. decreased its holdings in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 35.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 411,683 shares of the company’s stock after selling 222,896 shares during the period. Osaic Holdings Inc.’s holdings in Invesco S&P 500 BuyWrite ETF were worth $9,000,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in PBP. SVB Wealth LLC bought a new stake in shares of Invesco S&P 500 BuyWrite ETF in the 1st quarter worth approximately $83,000. Synovus Financial Corp purchased a new position in Invesco S&P 500 BuyWrite ETF during the first quarter valued at $3,062,000. MAI Capital Management boosted its holdings in Invesco S&P 500 BuyWrite ETF by 25.6% in the first quarter. MAI Capital Management now owns 348,094 shares of the company’s stock worth $7,717,000 after acquiring an additional 70,996 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Invesco S&P 500 BuyWrite ETF by 36.1% in the first quarter. Royal Bank of Canada now owns 48,551 shares of the company’s stock worth $1,076,000 after acquiring an additional 12,869 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Invesco S&P 500 BuyWrite ETF by 64.7% in the first quarter. Jane Street Group LLC now owns 16,758 shares of the company’s stock worth $372,000 after acquiring an additional 6,582 shares during the last quarter.

Invesco S&P 500 BuyWrite ETF Price Performance

PBP opened at $23.06 on Friday. The firm has a market cap of $311.31 million, a PE ratio of 25.96 and a beta of 0.53. The stock has a 50-day moving average price of $22.66 and a 200-day moving average price of $22.24. Invesco S&P 500 BuyWrite ETF has a 1 year low of $19.41 and a 1 year high of $24.27.

Invesco S&P 500 BuyWrite ETF Company Profile

The Invesco S&P 500 BuyWrite ETF (PBP) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the S&P 500 and selling call options thereon. PBP was launched on Dec 20, 2007 and is managed by Invesco.