iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) Trading Down 0.2% – Time to Sell?

iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) were down 0.2% on Thursday . The company traded as low as $43.89 and last traded at $44.32. Approximately 2,730 shares were traded during trading, an increase of 56% from the average daily volume of 1,746 shares. The stock had previously closed at $44.41.

iShares Russell 2000 BuyWrite ETF Trading Down 0.2 %

The business has a 50 day simple moving average of $46.35 and a two-hundred day simple moving average of $46.10.

iShares Russell 2000 BuyWrite ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, November 7th. Investors of record on Monday, November 4th were issued a $0.8421 dividend. The ex-dividend date was Monday, November 4th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Russell 2000 BuyWrite ETF stock. Alaska Wealth Advisors purchased a new position in iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,194 shares of the company’s stock, valued at approximately $193,000. Alaska Wealth Advisors owned approximately 1.31% of iShares Russell 2000 BuyWrite ETF as of its most recent filing with the Securities & Exchange Commission.

About iShares Russell 2000 BuyWrite ETF

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.