Cullen Frost Bankers Inc. boosted its holdings in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP – Free Report) by 30.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 101,771 shares of the company’s stock after purchasing an additional 23,806 shares during the period. Cullen Frost Bankers Inc.’s holdings in Invesco S&P 500 BuyWrite ETF were worth $2,323,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. increased its position in shares of Invesco S&P 500 BuyWrite ETF by 14.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,423 shares of the company’s stock valued at $284,000 after buying an additional 1,540 shares in the last quarter. Thrivent Financial for Lutherans purchased a new position in shares of Invesco S&P 500 BuyWrite ETF during the 4th quarter valued at approximately $2,676,000. Citizens Financial Group Inc. RI purchased a new position in shares of Invesco S&P 500 BuyWrite ETF during the 4th quarter valued at approximately $268,000. Assetmark Inc. grew its stake in Invesco S&P 500 BuyWrite ETF by 2.9% in the 4th quarter. Assetmark Inc. now owns 59,128 shares of the company’s stock valued at $1,350,000 after acquiring an additional 1,671 shares during the period. Finally, Matauro LLC acquired a new stake in Invesco S&P 500 BuyWrite ETF in the 4th quarter valued at $202,000.
Invesco S&P 500 BuyWrite ETF Stock Performance
Shares of NYSEARCA PBP opened at $22.66 on Friday. The firm has a fifty day moving average of $22.39 and a 200 day moving average of $22.67. The firm has a market cap of $336.50 million, a PE ratio of 25.96 and a beta of 0.50. Invesco S&P 500 BuyWrite ETF has a one year low of $21.18 and a one year high of $23.10.
Invesco S&P 500 BuyWrite ETF Company 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.
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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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