iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Trading Down 0.9% – Time to Sell?

iShares Russell 2000 BuyWrite ETF (BATS:IWMWGet Free Report)’s stock price dropped 0.9% on Monday . The company traded as low as $43.85 and last traded at $44.10. Approximately 6,661 shares traded hands during trading, The stock had previously closed at $44.50.

iShares Russell 2000 BuyWrite ETF Stock Performance

The firm’s 50-day moving average is $46.70 and its two-hundred day moving average is $46.27.

iShares Russell 2000 BuyWrite ETF Company Profile

(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.

Recommended Stories

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.