Level Four Advisory Services LLC Cuts Stock Holdings in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

Level Four Advisory Services LLC trimmed its holdings in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 7.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,099 shares of the company’s stock after selling 1,060 shares during the period. Level Four Advisory Services LLC owned about 0.30% of Invesco S&P 500 BuyWrite ETF worth $299,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. bought a new position in shares of Invesco S&P 500 BuyWrite ETF during the first quarter valued at about $26,000. Anfield Capital Management LLC raised its stake in shares of Invesco S&P 500 BuyWrite ETF by 6.9% during the first quarter. Anfield Capital Management LLC now owns 93,621 shares of the company’s stock valued at $1,985,000 after acquiring an additional 6,018 shares during the last quarter. SRS Capital Advisors Inc. raised its stake in shares of Invesco S&P 500 BuyWrite ETF by 8.8% during the first quarter. SRS Capital Advisors Inc. now owns 12,960 shares of the company’s stock valued at $275,000 after acquiring an additional 1,043 shares during the last quarter. AlphaCentric Advisors LLC bought a new position in shares of Invesco S&P 500 BuyWrite ETF during the first quarter valued at about $289,000. Finally, Bank of America Corp DE raised its stake in shares of Invesco S&P 500 BuyWrite ETF by 5.2% during the first quarter. Bank of America Corp DE now owns 104,297 shares of the company’s stock valued at $2,211,000 after acquiring an additional 5,200 shares during the last quarter.

Invesco S&P 500 BuyWrite ETF Trading Up 0.2 %

Shares of NYSEARCA:PBP opened at $21.90 on Tuesday. Invesco S&P 500 BuyWrite ETF has a 12 month low of $18.56 and a 12 month high of $22.39. The company has a market cap of $97.46 million, a price-to-earnings ratio of 18.44 and a beta of 0.64. The company has a 50-day moving average price of $22.07 and a 200-day moving average price of $21.68.

Invesco S&P 500 BuyWrite ETF 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.