iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW) Shares Up 0.2% – Time to Buy?

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

iShares S&P 500 BuyWrite ETF Stock Performance

The stock has a 50 day moving average of $49.88 and a 200 day moving average of $49.73.

iShares S&P 500 BuyWrite ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, November 7th. Stockholders of record on Monday, November 4th were given a dividend of $0.6205 per share. The ex-dividend date was Monday, November 4th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers acquired a new position in shares of iShares S&P 500 BuyWrite ETF during the second quarter worth approximately $1,338,000. Alaska Wealth Advisors bought a new stake in iShares S&P 500 BuyWrite ETF during the 3rd quarter valued at $194,000. Finally, Alaska Permanent Capital Management acquired a new position in iShares S&P 500 BuyWrite ETF during the 3rd quarter worth $122,000.

iShares S&P 500 BuyWrite ETF Company Profile

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.