iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Trading Up 1.2% – Still a Buy?

iShares Russell 2000 BuyWrite ETF (BATS:IWMWGet Free Report)’s share price shot up 1.2% during mid-day trading on Thursday . The company traded as high as $39.97 and last traded at $39.93. 11,118 shares changed hands during trading, The stock had previously closed at $39.44.

iShares Russell 2000 BuyWrite ETF Stock Performance

The company’s 50-day moving average price is $39.36 and its 200 day moving average price is $39.82. The stock has a market capitalization of $24.86 million, a PE ratio of 15.60 and a beta of 1.03.

About iShares Russell 2000 BuyWrite ETF

(Get Free Report)

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. IWMW was launched on Mar 14, 2024 and is issued by BlackRock.

Further Reading

Receive News & Ratings for iShares Russell 2000 BuyWrite ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 BuyWrite ETF and related companies with MarketBeat.com's FREE daily email newsletter.