Fifth Third Securities Inc. Makes New Investment in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

Fifth Third Securities Inc. purchased a new stake in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) in the fourth quarter, Holdings Channel.com reports. The fund purchased 42,711 shares of the company’s stock, valued at approximately $1,007,000.

Other large investors have also made changes to their positions in the company. Mount Lucas Management LP grew its position in Invesco S&P 500 BuyWrite ETF by 3.9% during the third quarter. Mount Lucas Management LP now owns 112,356 shares of the company’s stock worth $2,566,000 after buying an additional 4,198 shares during the period. Assetmark Inc. boosted its stake in shares of Invesco S&P 500 BuyWrite ETF by 0.9% during the 3rd quarter. Assetmark Inc. now owns 61,552 shares of the company’s stock worth $1,406,000 after acquiring an additional 527 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of Invesco S&P 500 BuyWrite ETF by 244.3% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 30,147 shares of the company’s stock worth $711,000 after acquiring an additional 21,390 shares during the period. Finally, HBW Advisory Services LLC purchased a new position in Invesco S&P 500 BuyWrite ETF in the 4th quarter valued at approximately $117,000.

Invesco S&P 500 BuyWrite ETF Stock Performance

Shares of PBP stock opened at $23.84 on Friday. The stock has a fifty day moving average price of $23.55 and a 200 day moving average price of $22.95. The stock has a market cap of $106.09 million, a PE ratio of 21.31 and a beta of 0.45. Invesco S&P 500 BuyWrite ETF has a 1 year low of $21.04 and a 1 year high of $24.04.

Invesco S&P 500 BuyWrite ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a $0.2156 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This is a positive change from Invesco S&P 500 BuyWrite ETF’s previous dividend of $0.20.

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.