iShares S&P 500 BuyWrite ETF (BATS:IVVW) Shares Cross Above 200 Day Moving Average – Should You Sell?

Shares of iShares S&P 500 BuyWrite ETF (BATS:IVVWGet Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $49.61 and traded as high as $50.70. iShares S&P 500 BuyWrite ETF shares last traded at $50.65, with a volume of 10,851 shares trading hands.

iShares S&P 500 BuyWrite ETF Stock Performance

The firm’s 50-day simple moving average is $49.76 and its 200 day simple moving average is $49.61.

iShares S&P 500 BuyWrite ETF Company Profile

(Get Free Report)

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.

Further Reading

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