Main Management LLC Boosts Stock Position in Main BuyWrite ETF $BUYW

Main Management LLC lifted its holdings in Main BuyWrite ETF (BATS:BUYW) by 5.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,036,358 shares of the company’s stock after purchasing an additional 403,560 shares during the period. Main BuyWrite ETF accounts for approximately 8.3% of Main Management LLC’s portfolio, making the stock its 2nd biggest holding. Main Management LLC owned 0.16% of Main BuyWrite ETF worth $115,081,000 at the end of the most recent quarter.

Separately, GPS Wealth Strategies Group LLC bought a new position in shares of Main BuyWrite ETF in the third quarter worth about $44,000.

Main BuyWrite ETF Stock Performance

Main BuyWrite ETF stock opened at $14.47 on Monday. The business’s 50-day simple moving average is $14.30 and its 200-day simple moving average is $14.28. The firm has a market capitalization of $745.78 million, a PE ratio of 24.65 and a beta of 0.30. Main BuyWrite ETF has a 52 week low of $13.84 and a 52 week high of $14.49.

Main BuyWrite ETF 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.