Shares of iShares Russell 2000 BuyWrite ETF (BATS:IWMW – Get Free Report) were down 2.3% during mid-day trading on Thursday . The company traded as low as $46.75 and last traded at $46.97. Approximately 4,089 shares were traded during trading, The stock had previously closed at $48.05.
iShares Russell 2000 BuyWrite ETF Stock Down 2.9 %
The business’s 50-day moving average is $46.80.
About iShares Russell 2000 BuyWrite ETF
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.
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