Cetera Investment Advisers Purchases 30,330 Shares of iShares S&P 500 BuyWrite ETF $IVVW

Cetera Investment Advisers boosted its holdings in iShares S&P 500 BuyWrite ETF (BATS:IVVW) by 35.1% in the first quarter, HoldingsChannel reports. The firm owned 116,679 shares of the company’s stock after purchasing an additional 30,330 shares during the period. Cetera Investment Advisers’ holdings in iShares S&P 500 BuyWrite ETF were worth $5,094,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in shares of iShares S&P 500 BuyWrite ETF in the fourth quarter valued at $442,000. Osaic Holdings Inc. raised its position in shares of iShares S&P 500 BuyWrite ETF by 596.2% in the second quarter. Osaic Holdings Inc. now owns 11,327 shares of the company’s stock valued at $526,000 after purchasing an additional 9,700 shares during the period. Susquehanna International Group LLP raised its stake in shares of iShares S&P 500 BuyWrite ETF by 40.4% during the 3rd quarter. Susquehanna International Group LLP now owns 17,108 shares of the company’s stock valued at $797,000 after purchasing an additional 4,926 shares during the period. OLD Mission Capital LLC increased its holdings in iShares S&P 500 BuyWrite ETF by 113.2% during the 4th quarter. OLD Mission Capital LLC now owns 20,065 shares of the company’s stock worth $914,000 after acquiring an additional 10,653 shares during the period. Finally, Retirement Planning Group LLC raised its holdings in shares of iShares S&P 500 BuyWrite ETF by 10.0% in the 4th quarter. Retirement Planning Group LLC now owns 41,434 shares of the company’s stock valued at $1,886,000 after acquiring an additional 3,778 shares in the last quarter.

iShares S&P 500 BuyWrite ETF Stock Performance

BATS IVVW opened at $45.20 on Tuesday. The company has a fifty day moving average of $44.36 and a 200-day moving average of $44.56. The company has a market capitalization of $177.18 million, a P/E ratio of 25.38 and a beta of 0.60. iShares S&P 500 BuyWrite ETF has a 52-week low of $42.50 and a 52-week high of $47.25.

About iShares S&P 500 BuyWrite ETF

The iShares S&P 500 BuyWrite ETF (IVVW) is an exchange-traded fund that mostly invests in large cap equity. The fund is passively managed, aiming to participate in the price movement of US large-cap stocks, up to a certain cap, while also providing enhanced monthly income through a covered call option writing strategy. The fund-of-fund holds shares of the iShares Core S&P 500 ETF (IVV) while simultaneously writing one-month call options. IVVW was launched on Mar 14, 2024 and is issued by BlackRock.