iShares S&P 500 BuyWrite ETF (BATS:IVVW – Get Free Report) dropped 0.2% during mid-day trading on Wednesday . The company traded as low as $49.63 and last traded at $49.64. Approximately 12,318 shares were traded during mid-day trading, The stock had previously closed at $49.73.
iShares S&P 500 BuyWrite ETF Trading Up 0.3 %
The firm’s 50-day moving average is $49.74 and its 200 day moving average is $49.45.
About iShares S&P 500 BuyWrite ETF
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.
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