First Horizon Advisors Inc. Decreases Position in Main BuyWrite ETF (BATS:BUYW)

First Horizon Advisors Inc. reduced its holdings in shares of Main BuyWrite ETF (BATS:BUYW) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,369 shares of the company’s stock after selling 1,720 shares during the period. First Horizon Advisors Inc.’s holdings in Main BuyWrite ETF were worth $660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Main BuyWrite ETF Price Performance

Shares of BUYW stock opened at $13.93 on Friday. The stock has a market capitalization of $449.94 million, a price-to-earnings ratio of 21.55 and a beta of 0.23. The business’s fifty day simple moving average is $13.94 and its 200-day simple moving average is $13.83.

Main BuyWrite ETF Profile

The Main Buywrite ETF (BUYW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks risk-adjusted total returns by actively investing in global equity ETFs combined with an option writing strategy. BUYW was launched on Dec 29, 2015 and is managed by Main Funds.