Mount Lucas Management LP Acquires 4,198 Shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

Mount Lucas Management LP boosted its holdings in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 112,356 shares of the company’s stock after buying an additional 4,198 shares during the quarter. Invesco S&P 500 BuyWrite ETF makes up about 0.9% of Mount Lucas Management LP’s investment portfolio, making the stock its 28th largest holding. Mount Lucas Management LP owned approximately 2.52% of Invesco S&P 500 BuyWrite ETF worth $2,566,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Edmonds Duncan Registered Investment Advisors LLC boosted its stake in shares of Invesco S&P 500 BuyWrite ETF by 15.9% during the 2nd quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 195,048 shares of the company’s stock worth $4,322,000 after acquiring an additional 26,723 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in Invesco S&P 500 BuyWrite ETF by 47.1% during the second quarter. Cullen Frost Bankers Inc. now owns 108,722 shares of the company’s stock valued at $2,409,000 after purchasing an additional 34,806 shares during the period. Raymond James & Associates increased its position in Invesco S&P 500 BuyWrite ETF by 44.9% in the second quarter. Raymond James & Associates now owns 66,080 shares of the company’s stock worth $1,464,000 after buying an additional 20,475 shares in the last quarter. Finally, Assetmark Inc. increased its position in Invesco S&P 500 BuyWrite ETF by 0.9% in the third quarter. Assetmark Inc. now owns 61,552 shares of the company’s stock worth $1,406,000 after buying an additional 527 shares in the last quarter.

Invesco S&P 500 BuyWrite ETF Stock Down 0.6 %

PBP stock opened at $23.16 on Friday. The business’s 50-day moving average price is $22.89 and its 200-day moving average price is $22.46. The stock has a market cap of $103.06 million, a P/E ratio of 21.31 and a beta of 0.45. Invesco S&P 500 BuyWrite ETF has a twelve month low of $21.03 and a twelve month high of $23.34.

Invesco S&P 500 BuyWrite ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Monday, November 18th will be issued a dividend of $0.2113 per share. The ex-dividend date is Monday, November 18th. This is an increase from Invesco S&P 500 BuyWrite ETF’s previous dividend of $0.19.

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.