Main BuyWrite ETF $BUYW is Main Management LLC’s 2nd Largest Position

Main Management LLC increased its position in shares of Main BuyWrite ETF (BATS:BUYW) by 5.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,036,358 shares of the company’s stock after acquiring an additional 403,560 shares during the period. Main BuyWrite ETF comprises approximately 8.3% of Main Management LLC’s portfolio, making the stock its 2nd biggest holding. Main Management LLC owned about 15.59% of Main BuyWrite ETF worth $115,081,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, GPS Wealth Strategies Group LLC bought a new position in Main BuyWrite ETF during the third quarter valued at about $44,000.

Main BuyWrite ETF Price Performance

BATS BUYW opened at $14.47 on Monday. Main BuyWrite ETF has a fifty-two week low of $13.84 and a fifty-two week high of $14.49. The stock’s 50-day moving average is $14.30 and its two-hundred day moving average is $14.28. The firm has a market cap of $745.78 million, a P/E ratio of 24.65 and a beta of 0.30.

Main BuyWrite ETF Company Profile

The Main Buywrite ETF (BUYW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks risk-adjusted total returns by actively investing in global equity ETFs combined with an option writing strategy. BUYW was launched on Dec 29, 2015 and is managed by Main Funds.