Retirement Planning Group LLC Acquires New Holdings in iShares S&P 500 BuyWrite ETF $IVVW

Retirement Planning Group LLC acquired a new stake in shares of iShares S&P 500 BuyWrite ETF (BATS:IVVW) during the third quarter, Holdings Channel.com reports. The fund acquired 54,049 shares of the company’s stock, valued at approximately $2,454,000.

A number of other institutional investors have also made changes to their positions in the company. Bullseye Investment Management LLC purchased a new position in shares of iShares S&P 500 BuyWrite ETF in the second quarter valued at $119,000. Assetmark Inc. grew its holdings in iShares S&P 500 BuyWrite ETF by 3.1% during the 1st quarter. Assetmark Inc. now owns 92,341 shares of the company’s stock valued at $4,032,000 after purchasing an additional 2,761 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares S&P 500 BuyWrite ETF by 44.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 57,493 shares of the company’s stock valued at $2,564,000 after purchasing an additional 17,629 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in iShares S&P 500 BuyWrite ETF by 35.1% during the 1st quarter. Cetera Investment Advisers now owns 116,679 shares of the company’s stock valued at $5,094,000 after purchasing an additional 30,330 shares in the last quarter.

iShares S&P 500 BuyWrite ETF Price Performance

iShares S&P 500 BuyWrite ETF stock opened at $44.95 on Wednesday. iShares S&P 500 BuyWrite ETF has a 12-month low of $42.50 and a 12-month high of $47.25. The company has a market capitalization of $176.20 million, a price-to-earnings ratio of 25.38 and a beta of 0.60. The firm’s fifty day moving average price is $45.25 and its 200 day moving average price is $44.67.

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.