Retirement Planning Group LLC Purchases 32,638 Shares of iShares S&P 500 BuyWrite ETF $IVVW

Retirement Planning Group LLC increased its position in shares of iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW) by 650.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,656 shares of the company’s stock after purchasing an additional 32,638 shares during the quarter. Retirement Planning Group LLC owned approximately 0.90% of iShares S&P 500 BuyWrite ETF worth $1,754,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IVVW. Insight Wealth Strategies LLC boosted its position in iShares S&P 500 BuyWrite ETF by 58.4% in the third quarter. Insight Wealth Strategies LLC now owns 16,335 shares of the company’s stock worth $761,000 after purchasing an additional 6,023 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of iShares S&P 500 BuyWrite ETF by 596.2% during the 2nd quarter. Osaic Holdings Inc. now owns 11,327 shares of the company’s stock worth $526,000 after purchasing an additional 9,700 shares during the period. Cetera Investment Advisers boosted its holdings in shares of iShares S&P 500 BuyWrite ETF by 11.3% in the 2nd quarter. Cetera Investment Advisers now owns 74,618 shares of the company’s stock worth $3,430,000 after buying an additional 7,587 shares during the last quarter. Samalin Investment Counsel LLC bought a new position in iShares S&P 500 BuyWrite ETF during the second quarter valued at about $201,000. Finally, Sumitomo Life Insurance Co. bought a new position in iShares S&P 500 BuyWrite ETF during the second quarter valued at about $139,278,000.

iShares S&P 500 BuyWrite ETF Stock Performance

Shares of IVVW stock opened at $45.78 on Wednesday. iShares S&P 500 BuyWrite ETF has a 52 week low of $38.57 and a 52 week high of $50.56. The firm’s 50-day simple moving average is $45.89 and its two-hundred day simple moving average is $45.94. The firm has a market cap of $219.74 million, a price-to-earnings ratio of 25.38 and a beta of 0.63.

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.