Thrivent Financial for Lutherans bought a new position in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP – Free Report) in the 4th quarter, HoldingsChannel reports. The fund bought 117,224 shares of the company’s stock, valued at approximately $2,676,000.
Several other hedge funds also recently bought and sold shares of PBP. Founders Financial Alliance LLC purchased a new position in Invesco S&P 500 BuyWrite ETF during the third quarter worth about $47,000. GPS Wealth Strategies Group LLC purchased a new position in Invesco S&P 500 BuyWrite ETF during the third quarter worth about $55,000. Matauro LLC purchased a new position in Invesco S&P 500 BuyWrite ETF during the fourth quarter worth about $202,000. OneDigital Investment Advisors LLC boosted its stake in Invesco S&P 500 BuyWrite ETF by 5.6% during the third quarter. OneDigital Investment Advisors LLC now owns 9,755 shares of the company’s stock worth $216,000 after buying an additional 515 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in Invesco S&P 500 BuyWrite ETF by 8.8% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 10,883 shares of the company’s stock worth $241,000 after buying an additional 882 shares during the period.
Invesco S&P 500 BuyWrite ETF Price Performance
Shares of PBP stock opened at $22.71 on Monday. The firm has a market cap of $337.24 million, a PE ratio of 25.96 and a beta of 0.50. The company has a 50-day moving average of $22.39 and a two-hundred day moving average of $22.67. Invesco S&P 500 BuyWrite ETF has a 1-year low of $21.18 and a 1-year high of $23.10.
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.
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Want to see what other hedge funds are holding PBP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP – Free Report).
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