Bank of America Corp DE Raises Position in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

Bank of America Corp DE lifted its stake in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 6.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,295 shares of the company’s stock after purchasing an additional 4,946 shares during the period. Bank of America Corp DE owned 1.76% of Invesco S&P 500 BuyWrite ETF worth $1,845,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of PBP. AlphaCentric Advisors LLC grew its stake in Invesco S&P 500 BuyWrite ETF by 4.9% in the 4th quarter. AlphaCentric Advisors LLC now owns 16,573 shares of the company’s stock valued at $391,000 after buying an additional 779 shares in the last quarter. Assetmark Inc. grew its stake 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 valued at $1,471,000 after buying an additional 854 shares in the last quarter. Cullen Frost Bankers Inc. grew its stake in Invesco S&P 500 BuyWrite ETF by 6.1% in the 4th quarter. Cullen Frost Bankers Inc. now owns 116,422 shares of the company’s stock valued at $2,744,000 after buying an additional 6,650 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Invesco S&P 500 BuyWrite ETF in the 4th quarter valued at approximately $2,234,000. Finally, Mount Lucas Management LP grew its stake in Invesco S&P 500 BuyWrite ETF by 1.5% in the 4th quarter. Mount Lucas Management LP now owns 114,007 shares of the company’s stock valued at $2,687,000 after buying an additional 1,651 shares in the last quarter.

Invesco S&P 500 BuyWrite ETF Trading Up 0.1%

Invesco S&P 500 BuyWrite ETF stock opened at $21.67 on Wednesday. Invesco S&P 500 BuyWrite ETF has a 1-year low of $19.41 and a 1-year high of $24.27. The firm has a market capitalization of $135.44 million, a price-to-earnings ratio of 24.03 and a beta of 0.53. The firm has a 50 day simple moving average of $21.48 and a 200 day simple moving average of $22.72.

Invesco S&P 500 BuyWrite ETF Cuts Dividend

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

About Invesco S&P 500 BuyWrite ETF

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.