iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) Stock Price Up 0.5% – Should You Buy?

iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW)’s stock price were up 0.5% during trading on Friday . The company traded as high as $41.50 and last traded at $41.40. Approximately 4,272 shares changed hands during trading, a decline of 13% from the average daily volume of 4,883 shares. The stock had previously closed at $41.21.

iShares Russell 2000 BuyWrite ETF Stock Performance

The business has a fifty day simple moving average of $44.47 and a 200 day simple moving average of $45.60. The company has a market cap of $24.01 million, a P/E ratio of 16.27 and a beta of 0.88.

Institutional Trading of iShares Russell 2000 BuyWrite ETF

An institutional investor recently bought a new position in iShares Russell 2000 BuyWrite ETF stock. Alaska Permanent Capital Management purchased a new position in shares of iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,507 shares of the company’s stock, valued at approximately $116,000. Alaska Permanent Capital Management owned 0.78% of iShares Russell 2000 BuyWrite ETF at the end of the most recent quarter.

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.