iShares Russell 2000 BuyWrite ETF (BATS:IWMW – Get Free Report)’s stock price dropped 0.3% during trading on Wednesday . The company traded as low as $45.00 and last traded at $45.05. Approximately 3,978 shares changed hands during mid-day trading, The stock had previously closed at $45.19.
iShares Russell 2000 BuyWrite ETF Price Performance
The company’s 50-day moving average is $45.38 and its 200-day moving average is $45.86.
About iShares Russell 2000 BuyWrite ETF
The iShares Russell 2000 BuyWrite ETF (IWMW) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a fund-of-funds that employs a covered call strategy on the Russell 2000 index for income, focusing on small-cap US stocks. The fund aims to distribute monthly income from option premiums and dividends.
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