Cetera Investment Advisers Buys 7,587 Shares of iShares S&P 500 BuyWrite ETF $IVVW

Cetera Investment Advisers increased its stake in iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW) by 11.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 74,618 shares of the company’s stock after acquiring an additional 7,587 shares during the period. Cetera Investment Advisers’ holdings in iShares S&P 500 BuyWrite ETF were worth $3,430,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Samalin Investment Counsel LLC bought a new stake in iShares S&P 500 BuyWrite ETF during the second quarter worth about $201,000. OLD Mission Capital LLC bought a new position in shares of iShares S&P 500 BuyWrite ETF during the 1st quarter valued at about $227,000. Insight Wealth Strategies LLC raised its holdings in shares of iShares S&P 500 BuyWrite ETF by 58.5% during the 2nd quarter. Insight Wealth Strategies LLC now owns 10,312 shares of the company’s stock valued at $474,000 after buying an additional 3,804 shares in the last quarter. Granite Bay Wealth Management LLC lifted its position in iShares S&P 500 BuyWrite ETF by 55.2% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 42,764 shares of the company’s stock worth $1,966,000 after buying an additional 15,216 shares during the last quarter. Finally, Assetmark Inc. lifted its position in iShares S&P 500 BuyWrite ETF by 0.7% in the 2nd quarter. Assetmark Inc. now owns 89,868 shares of the company’s stock worth $4,131,000 after buying an additional 625 shares during the last quarter.

iShares S&P 500 BuyWrite ETF Price Performance

Shares of IVVW opened at $46.61 on Thursday. iShares S&P 500 BuyWrite ETF has a 1 year low of $38.57 and a 1 year high of $51.19. The stock has a 50 day simple moving average of $46.36 and a two-hundred day simple moving average of $45.76. The firm has a market cap of $198.56 million, a P/E ratio of 25.38 and a beta of 0.63.

iShares S&P 500 BuyWrite ETF Profile

The iShares S&P 500 BuyWrite ETF (IVVW) is an exchange-traded fund that mostly invests in large cap equity. The fund is passively managed, aiming to participate in the price movement of US large-cap stocks, up to a certain cap, while also providing enhanced monthly income through a covered call option writing strategy.