iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW) Trading Up 0.2% – Here’s What Happened

iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW) were up 0.2% during trading on Thursday . The stock traded as high as $49.36 and last traded at $49.24. Approximately 8,182 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 8,556 shares. The stock had previously closed at $49.16.

iShares S&P 500 BuyWrite ETF Trading Up 0.2 %

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

iShares S&P 500 BuyWrite ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares S&P 500 BuyWrite ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Alaska Permanent Capital Management acquired a new position in iShares S&P 500 BuyWrite ETF in the 3rd quarter valued at approximately $122,000. Alaska Wealth Advisors acquired a new stake in shares of iShares S&P 500 BuyWrite ETF during the 3rd quarter worth 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.