HBW Advisory Services LLC Takes Position in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

HBW Advisory Services LLC bought a new position in shares of Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,950 shares of the company’s stock, valued at approximately $117,000. HBW Advisory Services LLC owned 0.11% of Invesco S&P 500 BuyWrite ETF as of its most recent SEC filing.

Separately, Assetmark Inc. grew its stake in shares of Invesco S&P 500 BuyWrite ETF by 0.9% during the 3rd quarter. Assetmark Inc. now owns 61,552 shares of the company’s stock worth $1,406,000 after purchasing an additional 527 shares during the period.

Invesco S&P 500 BuyWrite ETF Price Performance

PBP opened at $23.52 on Friday. The firm has a fifty day moving average price of $23.35 and a 200 day moving average price of $22.81. Invesco S&P 500 BuyWrite ETF has a 1 year low of $21.04 and a 1 year high of $23.83. The stock has a market cap of $104.66 million, a P/E ratio of 21.31 and a beta of 0.45.

Invesco S&P 500 BuyWrite ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.2026 dividend. The ex-dividend date was Monday, December 23rd.

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.