Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its position in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 9.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,485 shares of the company’s stock after selling 1,474 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 BuyWrite ETF were worth $318,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. AlphaCentric Advisors LLC raised its stake in shares of Invesco S&P 500 BuyWrite ETF by 4.9% during the 4th quarter. AlphaCentric Advisors LLC now owns 16,573 shares of the company’s stock worth $391,000 after buying an additional 779 shares during the period. Assetmark Inc. increased its holdings in Invesco S&P 500 BuyWrite ETF by 1.4% in the 4th quarter. Assetmark Inc. now owns 62,406 shares of the company’s stock worth $1,471,000 after acquiring an additional 854 shares in the last quarter. Mount Lucas Management LP raised its position in Invesco S&P 500 BuyWrite ETF by 1.5% during the fourth quarter. Mount Lucas Management LP now owns 114,007 shares of the company’s stock worth $2,687,000 after acquiring an additional 1,651 shares during the period. HBW Advisory Services LLC purchased a new position in Invesco S&P 500 BuyWrite ETF during the fourth quarter valued at $117,000. Finally, Cullen Frost Bankers Inc. grew its position 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 period.

Invesco S&P 500 BuyWrite ETF Stock Down 0.3 %

PBP opened at $20.27 on Tuesday. The company has a market cap of $119.59 million, a PE ratio of 25.05 and a beta of 0.57. Invesco S&P 500 BuyWrite ETF has a twelve month low of $19.41 and a twelve month high of $24.27. The company has a 50-day moving average price of $23.02 and a 200 day moving average price of $23.16.

Invesco S&P 500 BuyWrite ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.168 per share. The ex-dividend date was Monday, March 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.