iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Stock Price Up 1.3% – Time to Buy?

iShares Russell 2000 BuyWrite ETF (BATS:IWMW) shares were up 1.3% during trading on Friday . The stock traded as high as $39.38 and last traded at $39.16. Approximately 10,938 shares changed hands during trading, a decline of 48% from the average daily volume of 20,835 shares. The stock had previously closed at $38.64.

iShares Russell 2000 BuyWrite ETF Trading Up 1.3%

The business’s fifty day moving average price is $39.44 and its two-hundred day moving average price is $39.83. The firm has a market cap of $24.28 million, a P/E ratio of 15.60 and a beta of 1.03.

iShares Russell 2000 BuyWrite ETF Company Profile

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.