Mount Lucas Management LP boosted its position in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP – Free Report) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,007 shares of the company’s stock after acquiring an additional 1,651 shares during the quarter. Invesco S&P 500 BuyWrite ETF accounts for approximately 0.9% of Mount Lucas Management LP’s investment portfolio, making the stock its 18th biggest holding. Mount Lucas Management LP’s holdings in Invesco S&P 500 BuyWrite ETF were worth $2,687,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the company. Q3 Asset Management bought a new stake in Invesco S&P 500 BuyWrite ETF in the 4th quarter valued at $4,112,000. Cullen Frost Bankers Inc. increased its holdings in shares of Invesco S&P 500 BuyWrite ETF by 6.1% in the fourth quarter. Cullen Frost Bankers Inc. now owns 116,422 shares of the company’s stock valued at $2,744,000 after purchasing an additional 6,650 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco S&P 500 BuyWrite ETF in the fourth quarter valued at about $2,234,000. Assetmark Inc. lifted its stake in shares of Invesco S&P 500 BuyWrite ETF by 1.4% during the 4th quarter. Assetmark Inc. now owns 62,406 shares of the company’s stock worth $1,471,000 after buying an additional 854 shares during the last quarter. Finally, Fifth Third Securities Inc. bought a new stake in shares of Invesco S&P 500 BuyWrite ETF during the 4th quarter worth about $1,007,000.
Invesco S&P 500 BuyWrite ETF Stock Up 0.6 %
Invesco S&P 500 BuyWrite ETF stock opened at $22.90 on Monday. The company’s 50-day moving average price is $23.71 and its two-hundred day moving average price is $23.25. The stock has a market cap of $128.24 million, a P/E ratio of 27.36 and a beta of 0.58. Invesco S&P 500 BuyWrite ETF has a twelve month low of $21.04 and a twelve month high of $24.27.
Invesco S&P 500 BuyWrite ETF Cuts Dividend
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.
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