Assetmark Inc. Purchases 527 Shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

Assetmark Inc. boosted its position in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 0.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 61,552 shares of the company’s stock after acquiring an additional 527 shares during the period. Assetmark Inc.’s holdings in Invesco S&P 500 BuyWrite ETF were worth $1,406,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. lifted its position in shares of Invesco S&P 500 BuyWrite ETF by 47.1% in the second quarter. Cullen Frost Bankers Inc. now owns 108,722 shares of the company’s stock valued at $2,409,000 after buying an additional 34,806 shares during the last quarter. Raymond James & Associates raised its stake in Invesco S&P 500 BuyWrite ETF by 44.9% in the 2nd quarter. Raymond James & Associates now owns 66,080 shares of the company’s stock valued at $1,464,000 after acquiring an additional 20,475 shares during the period. Finally, Edmonds Duncan Registered Investment Advisors LLC lifted its holdings in Invesco S&P 500 BuyWrite ETF by 15.9% during the 2nd quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 195,048 shares of the company’s stock valued at $4,322,000 after purchasing an additional 26,723 shares during the last quarter.

Invesco S&P 500 BuyWrite ETF Price Performance

PBP stock opened at $23.29 on Friday. Invesco S&P 500 BuyWrite ETF has a one year low of $21.03 and a one year high of $23.34. The stock has a market cap of $103.64 million, a price-to-earnings ratio of 21.31 and a beta of 0.45. The company has a fifty day moving average price of $22.86 and a two-hundred day moving average price of $22.44.

Invesco S&P 500 BuyWrite ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a dividend of $0.1894 per share. The ex-dividend date was Monday, October 21st.

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.