iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Stock Price Pass Above Two Hundred Day Moving Average – Should You Sell?

iShares Russell 2000 BuyWrite ETF (BATS:IWMWGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $46.38 and traded as high as $48.04. iShares Russell 2000 BuyWrite ETF shares last traded at $47.96, with a volume of 5,669 shares trading hands.

iShares Russell 2000 BuyWrite ETF Stock Up 0.5 %

The business’s fifty day moving average is $46.50 and its two-hundred day moving average is $46.37.

About iShares Russell 2000 BuyWrite ETF

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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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