Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) Share Price Crosses Above 50 Day Moving Average of $16.08

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $16.08 and traded as high as $16.51. Nuveen S&P 500 Dynamic Overwrite Fund shares last traded at $16.51, with a volume of 300 shares changing hands.

The firm’s 50 day simple moving average is $16.10.

Several large investors have recently modified their holdings of SPXX. Steward Partners Investment Advisory LLC acquired a new stake in shares of Nuveen S&P 500 Dynamic Overwrite Fund during the 2nd quarter valued at $102,000. Ibex Wealth Advisors lifted its stake in shares of Nuveen S&P 500 Dynamic Overwrite Fund by 21.0% in the 2nd quarter. Ibex Wealth Advisors now owns 28,448 shares of the investment management company’s stock valued at $449,000 after purchasing an additional 4,928 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Nuveen S&P 500 Dynamic Overwrite Fund by 13.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 16,919 shares of the investment management company’s stock valued at $267,000 after purchasing an additional 2,014 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Nuveen S&P 500 Dynamic Overwrite Fund by 9.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 21,660 shares of the investment management company’s stock valued at $342,000 after purchasing an additional 1,795 shares during the last quarter.

Nuveen S&P 500 Dynamic Overwrite Fund Company Profile (NYSE:SPXX)

Nuveen S&P 500 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.

Further Reading: What is Depreciation?

Receive News & Ratings for Nuveen S&P 500 Dynamic Overwrite Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen S&P 500 Dynamic Overwrite Fund and related companies with MarketBeat.com's FREE daily email newsletter.