Assetmark Inc. Boosts Stock Position in iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW)

Assetmark Inc. grew its stake in shares of iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW) by 0.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 90,135 shares of the company’s stock after buying an additional 285 shares during the period. Assetmark Inc. owned about 0.27% of iShares S&P 500 BuyWrite ETF worth $4,413,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Alaska Wealth Advisors purchased a new position in shares of iShares S&P 500 BuyWrite ETF during the 3rd quarter valued at about $194,000. Granite Bay Wealth Management LLC purchased a new position in shares of iShares S&P 500 BuyWrite ETF during the 4th quarter valued at about $1,003,000. Finally, Alaska Permanent Capital Management purchased a new position in shares of iShares S&P 500 BuyWrite ETF during the 3rd quarter valued at about $122,000.

iShares S&P 500 BuyWrite ETF Stock Up 0.4 %

IVVW stock opened at $47.45 on Friday. iShares S&P 500 BuyWrite ETF has a twelve month low of $46.56 and a twelve month high of $51.19. The stock has a market cap of $41.76 million, a P/E ratio of 25.34 and a beta of 0.60. The business’s 50-day moving average price is $49.53 and its 200-day moving average price is $49.76.

iShares S&P 500 BuyWrite ETF Company Profile

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.