iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) Stock Price Down 1% – Should You Sell?

iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMWGet Free Report)’s stock price traded down 1% during mid-day trading on Monday . The company traded as low as $45.71 and last traded at $45.79. 3,434 shares changed hands during mid-day trading, an increase of 32% from the average session volume of 2,605 shares. The stock had previously closed at $46.24.

iShares Russell 2000 BuyWrite ETF Stock Performance

The firm has a fifty day moving average price of $45.70 and a 200 day moving average price of $46.61.

About iShares Russell 2000 BuyWrite ETF

(Get Free Report)

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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