Invesco S&P 500 BuyWrite ETF Price & Performance (PBP)

Wells Fargo & Company MN increased its stake in the Invesco S&P 500 BuyWrite ETF by nearly 30% during the fourth quarter, now holding over 60,000 shares. This move comes as the ETF's price hovers near $21.50, with a one-year range between $19.41 and $24.27. Other institutional investors have also adjusted positions recently.12

Short interest in Direxion Daily TSLA Bull 2X Shares fell by over 50% as of mid-April, signaling a notable shift in investor sentiment. With 5.76% of shares still sold short, the decrease suggests renewed bullishness, contrasting with higher short interest seen in similar leveraged ETFs.3

The First Trust BuyWrite Income ETF (FTHI) continues to offer an attractive yield near 9.6%, even as its one-year return stands at -3.27%. The fund, which uses a covered call strategy on S&P 500 stocks, remains popular for its income focus, despite capping upside potential for investors.45