Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) Shares Cross Below 50-Day Moving Average of $16.20

Shares of Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $16.20 and traded as low as $16.17. Nuveen S&P 500 Dynamic Overwrite Fund shares last traded at $16.39, with a volume of 13,507 shares.

The business has a fifty day moving average price of $16.21.

A number of large investors have recently modified their holdings of the stock. Commonwealth Equity Services LLC lifted its holdings 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 worth $342,000 after purchasing an additional 1,795 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in shares of Nuveen S&P 500 Dynamic Overwrite Fund in the second quarter worth $102,000. Janney Montgomery Scott LLC boosted its position in shares of Nuveen S&P 500 Dynamic Overwrite Fund by 13.5% in the second quarter. Janney Montgomery Scott LLC now owns 16,919 shares of the investment management company’s stock worth $267,000 after buying an additional 2,014 shares during the period. Ibex Wealth Advisors boosted its position in shares of Nuveen S&P 500 Dynamic Overwrite Fund by 21.0% in the second quarter. Ibex Wealth Advisors now owns 28,448 shares of the investment management company’s stock worth $449,000 after buying an additional 4,928 shares during the period. Finally, Wells Fargo & Company MN boosted its position in Nuveen S&P 500 Dynamic Overwrite Fund by 0.3% during the second quarter. Wells Fargo & Company MN now owns 459,318 shares of the investment management company’s stock valued at $7,257,000 after purchasing an additional 1,235 shares during the last quarter.

About Nuveen S&P 500 Dynamic Overwrite Fund (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.

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