Invesco S&P 500 BuyWrite ETF $PBP Shares Bought by LPL Financial LLC

LPL Financial LLC grew its stake in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 15.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 109,020 shares of the company’s stock after purchasing an additional 14,224 shares during the quarter. LPL Financial LLC owned approximately 1.76% of Invesco S&P 500 BuyWrite ETF worth $2,417,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC acquired a new stake in Invesco S&P 500 BuyWrite ETF during the first quarter worth approximately $206,000. Stifel Financial Corp acquired a new stake in Invesco S&P 500 BuyWrite ETF during the fourth quarter worth approximately $218,000. Jane Street Group LLC purchased a new position in shares of Invesco S&P 500 BuyWrite ETF during the fourth quarter worth approximately $240,000. Ameriprise Financial Inc. grew its position in shares of Invesco S&P 500 BuyWrite ETF by 40.1% during the fourth quarter. Ameriprise Financial Inc. now owns 34,283 shares of the company’s stock worth $808,000 after acquiring an additional 9,812 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew 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 last quarter.

Invesco S&P 500 BuyWrite ETF Trading Down 1.0%

Shares of PBP opened at $21.90 on Tuesday. The firm has a market cap of $281.42 million, a PE ratio of 25.96 and a beta of 0.64. The company’s 50 day simple moving average is $21.97 and its 200-day simple moving average is $22.13. Invesco S&P 500 BuyWrite ETF has a 12-month low of $19.41 and a 12-month high of $24.27.

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.