Fifth Third Securities Inc. acquired a new position in shares of Invesco S&P 500 BuyWrite ETF (BATS:PBP – Free Report) during the third quarter, HoldingsChannel reports. The firm acquired 265,137 shares of the company’s stock, valued at approximately $6,175,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. BTG Pactual Asset Management US LLC bought a new position in shares of Invesco S&P 500 BuyWrite ETF during the 2nd quarter worth approximately $28,000. Physician Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P 500 BuyWrite ETF in the 3rd quarter valued at approximately $31,000. Rockefeller Capital Management L.P. grew its stake in shares of Invesco S&P 500 BuyWrite ETF by 219.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,534 shares of the company’s stock valued at $35,000 after buying an additional 1,054 shares in the last quarter. Western Wealth Management LLC bought a new stake in Invesco S&P 500 BuyWrite ETF during the first quarter worth $55,000. Finally, Strategic Advisors LLC acquired a new stake in Invesco S&P 500 BuyWrite ETF in the second quarter valued at $68,000.
Invesco S&P 500 BuyWrite ETF Trading Up 0.2%
Shares of PBP traded up $0.06 during mid-day trading on Wednesday, reaching $23.30. The company’s stock had a trading volume of 8,242 shares, compared to its average volume of 55,390. Invesco S&P 500 BuyWrite ETF has a 1-year low of $21.46 and a 1-year high of $23.57. The business has a 50-day simple moving average of $23.34 and a two-hundred day simple moving average of $22.97. The stock has a market cap of $361.07 million, a P/E ratio of 25.96 and a beta of 0.49.
About Invesco S&P 500 BuyWrite ETF
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.
Featured Articles
- Five stocks we like better than Invesco S&P 500 BuyWrite ETF
- Synchrony Aces The Quarter As Credit Fears Fade
- Higher Rates Are Sending Investors to These 3 Dividend Kings
- Steel Dynamics Eyes New Highs Despite Earnings Miss
- SpaceX Earnings Launch: High Margins Fund AI Ambitions
Want to see what other hedge funds are holding PBP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 BuyWrite ETF (BATS:PBP – Free Report).
Receive News & Ratings for Invesco S&P 500 BuyWrite ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 BuyWrite ETF and related companies with MarketBeat.com's FREE daily email newsletter.
