iShares S&P 500 BuyWrite ETF (BATS:IVVW) Stock Pass Above 200-Day Moving Average – What’s Next?

Shares of iShares S&P 500 BuyWrite ETF (BATS:IVVW) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $49.67 and traded as high as $50.98. iShares S&P 500 BuyWrite ETF shares last traded at $50.69, with a volume of 3,250 shares changing hands.

iShares S&P 500 BuyWrite ETF Stock Up 0.2 %

The stock has a 50-day simple moving average of $49.85 and a 200 day simple moving average of $49.68.

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.