iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Trading Up 0.2% – What’s Next?

iShares Russell 2000 BuyWrite ETF (BATS:IWMWGet Free Report)’s share price shot up 0.2% on Wednesday . The company traded as high as $46.13 and last traded at $45.91. 3,518 shares were traded during mid-day trading, The stock had previously closed at $45.83.

iShares Russell 2000 BuyWrite ETF Stock Up 0.4 %

The firm’s 50-day moving average is $45.75 and its two-hundred day moving average is $46.44.

iShares Russell 2000 BuyWrite ETF Company Profile

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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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