Symmetry Partners LLC Takes Position in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

Symmetry Partners LLC acquired a new stake in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 13,320 shares of the company’s stock, valued at approximately $314,000. Symmetry Partners LLC owned approximately 0.30% of Invesco S&P 500 BuyWrite ETF as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. AlphaCentric Advisors LLC raised its stake in Invesco S&P 500 BuyWrite ETF by 4.9% during the 4th quarter. AlphaCentric Advisors LLC now owns 16,573 shares of the company’s stock valued at $391,000 after purchasing an additional 779 shares during the period. Assetmark Inc. raised its stake in Invesco S&P 500 BuyWrite ETF by 1.4% during the 4th quarter. Assetmark Inc. now owns 62,406 shares of the company’s stock valued at $1,471,000 after purchasing an additional 854 shares during the period. Mount Lucas Management LP raised its stake in Invesco S&P 500 BuyWrite ETF by 1.5% during the 4th quarter. Mount Lucas Management LP now owns 114,007 shares of the company’s stock valued at $2,687,000 after purchasing an additional 1,651 shares during the period. HBW Advisory Services LLC bought a new stake in Invesco S&P 500 BuyWrite ETF during the 4th quarter valued at approximately $117,000. Finally, Cullen Frost Bankers Inc. raised its stake in Invesco S&P 500 BuyWrite ETF by 6.1% during the 4th quarter. Cullen Frost Bankers Inc. now owns 116,422 shares of the company’s stock valued at $2,744,000 after purchasing an additional 6,650 shares during the period.

Invesco S&P 500 BuyWrite ETF Trading Up 0.9 %

Shares of PBP opened at $22.50 on Thursday. The business’s 50 day moving average is $23.49 and its 200 day moving average is $23.22. The company has a market capitalization of $128.25 million, a PE ratio of 25.65 and a beta of 0.57. Invesco S&P 500 BuyWrite ETF has a 12-month low of $21.04 and a 12-month high of $24.27.

Invesco S&P 500 BuyWrite ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were paid a dividend of $0.2074 per share. The ex-dividend date was Monday, February 24th.

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.