iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW) Stock Price Up 0.2% – Time to Buy?

iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW)’s share price traded up 0.2% on Thursday . The company traded as high as $49.36 and last traded at $49.24. 8,182 shares were traded during trading, a decline of 4% from the average session volume of 8,556 shares. The stock had previously closed at $49.16.

iShares S&P 500 BuyWrite ETF Trading Down 0.9 %

The business has a fifty day moving average of $49.88 and a 200-day moving average of $49.73.

iShares S&P 500 BuyWrite ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, November 7th. Investors of record on Monday, November 4th were issued a dividend of $0.6205 per share. The ex-dividend date was Monday, November 4th.

Hedge Funds Weigh In On iShares S&P 500 BuyWrite ETF

Institutional investors have recently bought and sold shares of the stock. Alaska Permanent Capital Management bought a new stake in iShares S&P 500 BuyWrite ETF during the 3rd quarter valued at approximately $122,000. Alaska Wealth Advisors purchased a new position in shares of iShares S&P 500 BuyWrite ETF in the 3rd quarter valued at approximately $194,000. Finally, Cetera Investment Advisers bought a new stake in shares of iShares S&P 500 BuyWrite ETF during the second quarter valued at approximately $1,338,000.

About iShares S&P 500 BuyWrite ETF

The iShares S&P 500 BuyWrite ETF (IVVW) is an exchange-traded fund that mostly invests in large cap equity. The fund is passively managed, aiming to participate in the price movement of US large-cap stocks, up to a certain cap, while also providing enhanced monthly income through a covered call option writing strategy.