Royal Bank of Canada Boosts Stock Position in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

Royal Bank of Canada boosted its holdings in Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP) by 17.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 270,283 shares of the company’s stock after purchasing an additional 40,271 shares during the period. Royal Bank of Canada owned about 1.84% of Invesco S&P 500 BuyWrite ETF worth $5,862,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Ladenburg Thalmann Financial Services Inc. boosted its position in Invesco S&P 500 BuyWrite ETF by 13.2% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 48,588 shares of the company’s stock worth $1,058,000 after purchasing an additional 5,674 shares during the last quarter. Bank of America Corp DE boosted its position in Invesco S&P 500 BuyWrite ETF by 5.0% in the second quarter. Bank of America Corp DE now owns 626,657 shares of the company’s stock worth $13,592,000 after purchasing an additional 29,614 shares during the last quarter. Q3 Asset Management purchased a new position in Invesco S&P 500 BuyWrite ETF in the second quarter worth $1,648,000. Prospera Financial Services Inc purchased a new position in Invesco S&P 500 BuyWrite ETF in the second quarter worth $583,000. Finally, Private Advisor Group LLC purchased a new position in Invesco S&P 500 BuyWrite ETF in the second quarter worth $226,000.

Shares of NYSEARCA PBP opened at $21.68 on Friday. The stock’s 50-day simple moving average is $21.59 and its two-hundred day simple moving average is $21.47. Invesco S&P 500 BuyWrite ETF has a twelve month low of $18.67 and a twelve month high of $22.05.



The firm also recently announced a — dividend, which was paid on Monday, September 30th. Shareholders of record on Tuesday, September 24th were paid a $0.0905 dividend. The ex-dividend date was Monday, September 23rd. This represents a yield of 1.5%.

Recommended Story: What does an equal weight rating mean?

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).

Institutional Ownership by Quarter for Invesco S&P 500 BuyWrite ETF (NYSEARCA:PBP)

Receive News & Ratings for Invesco S&P 500 BuyWrite ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 BuyWrite ETF and related companies with MarketBeat.com's FREE daily email newsletter.