Rogco LP Decreases Stock Holdings in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

Rogco LP lessened its stake in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 38.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,514 shares of the company’s stock after selling 2,878 shares during the quarter. Rogco LP owned approximately 0.10% of Invesco S&P 500 BuyWrite ETF worth $103,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. boosted its stake 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 worth $2,409,000 after acquiring an additional 34,806 shares during the last quarter. Raymond James & Associates grew its stake in Invesco S&P 500 BuyWrite ETF by 44.9% during 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 in the last quarter. Edmonds Duncan Registered Investment Advisors LLC raised its holdings in Invesco S&P 500 BuyWrite ETF by 15.9% in 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 acquiring an additional 26,723 shares during the last quarter. Finally, Capital Advisors Ltd. LLC boosted its holdings in shares of Invesco S&P 500 BuyWrite ETF by 25.8% during the 1st quarter. Capital Advisors Ltd. LLC now owns 7,700 shares of the company’s stock worth $173,000 after purchasing an additional 1,578 shares during the last quarter.

Invesco S&P 500 BuyWrite ETF Stock Performance

Shares of PBP stock traded up $0.02 during trading hours on Thursday, reaching $22.76. The company had a trading volume of 7,125 shares, compared to its average volume of 19,665. The stock has a fifty day moving average of $22.76 and a 200-day moving average of $22.36. The company has a market capitalization of $101.28 million, a price-to-earnings ratio of 21.31 and a beta of 0.45. Invesco S&P 500 BuyWrite ETF has a 12-month low of $20.63 and a 12-month high of $23.11.

Invesco S&P 500 BuyWrite ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, October 25th. Stockholders of record on Monday, October 21st will be given a dividend of $0.1894 per share. The ex-dividend date of this dividend is Monday, October 21st.

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.