Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) Shares Bought by Ameriprise Financial Inc.

Ameriprise Financial Inc. grew its position in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 40.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,283 shares of the company’s stock after purchasing an additional 9,812 shares during the period. Ameriprise Financial Inc. owned approximately 0.77% of Invesco S&P 500 BuyWrite ETF worth $808,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. AlphaCentric Advisors LLC increased its position in shares of Invesco S&P 500 BuyWrite ETF by 4.9% during 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 during the period. Assetmark Inc. increased its position in shares of Invesco S&P 500 BuyWrite ETF by 1.4% during the fourth quarter. Assetmark Inc. now owns 62,406 shares of the company’s stock worth $1,471,000 after acquiring an additional 854 shares during the period. Mount Lucas Management LP increased its position in shares of 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. LPL Financial LLC increased its position in shares of Invesco S&P 500 BuyWrite ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 94,796 shares of the company’s stock worth $2,234,000 after acquiring an additional 4,798 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Invesco S&P 500 BuyWrite ETF by 13.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 43,666 shares of the company’s stock worth $1,029,000 after acquiring an additional 5,166 shares during the period.

Invesco S&P 500 BuyWrite ETF Trading Up 0.3%

Invesco S&P 500 BuyWrite ETF stock opened at $21.65 on Tuesday. The firm has a market capitalization of $135.31 million, a P/E ratio of 24.03 and a beta of 0.53. The stock’s fifty day simple moving average is $21.50 and its 200-day simple moving average is $22.73. Invesco S&P 500 BuyWrite ETF has a twelve month low of $19.41 and a twelve month high of $24.27.

Invesco S&P 500 BuyWrite ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.168 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.