iShares Russell 2000 BuyWrite ETF (BATS:IWMW) Shares Cross Above 200-Day Moving Average – Time to Sell?

Shares of iShares Russell 2000 BuyWrite ETF (BATS:IWMWGet Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $46.36 and traded as high as $48.62. iShares Russell 2000 BuyWrite ETF shares last traded at $48.40, with a volume of 7,023 shares traded.

iShares Russell 2000 BuyWrite ETF Price Performance

The stock’s 50 day simple moving average is $46.19 and its two-hundred day simple moving average is $46.36.

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.

Further Reading

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