Norden Group LLC Sells 1,575 Shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

Norden Group LLC trimmed its holdings in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 13.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,000 shares of the company’s stock after selling 1,575 shares during the period. Norden Group LLC owned about 0.22% of Invesco S&P 500 BuyWrite ETF worth $236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of PBP. HBW Advisory Services LLC acquired a new position in shares of Invesco S&P 500 BuyWrite ETF during the fourth quarter worth $117,000. AlphaCentric Advisors LLC boosted its holdings in Invesco S&P 500 BuyWrite ETF by 4.9% in the fourth quarter. AlphaCentric Advisors LLC now owns 16,573 shares of the company’s stock worth $391,000 after acquiring an additional 779 shares in the last quarter. Wealthcare Advisory Partners LLC grew its stake in shares of Invesco S&P 500 BuyWrite ETF by 244.3% during the fourth 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 last quarter. Fifth Third Securities Inc. purchased a new stake in shares of Invesco S&P 500 BuyWrite ETF during the fourth quarter worth about $1,007,000. Finally, Assetmark Inc. increased its holdings in shares of Invesco S&P 500 BuyWrite ETF by 0.9% during the third quarter. Assetmark Inc. now owns 61,552 shares of the company’s stock valued at $1,406,000 after acquiring an additional 527 shares in the last quarter.

Invesco S&P 500 BuyWrite ETF Stock Down 1.1 %

PBP stock opened at $22.92 on Wednesday. The stock has a market capitalization of $128.35 million, a PE ratio of 27.36 and a beta of 0.58. Invesco S&P 500 BuyWrite ETF has a 52 week low of $21.04 and a 52 week high of $24.27. The firm has a 50 day moving average of $23.76 and a 200 day moving average of $23.24.

Invesco S&P 500 BuyWrite ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were paid a dividend of $0.2074 per share. The ex-dividend date of this dividend was Monday, February 24th.

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.