iShares S&P 500 BuyWrite ETF (BATS:IVVW) Shares Down 0.4% – Here’s Why

iShares S&P 500 BuyWrite ETF (BATS:IVVWGet Free Report)’s share price fell 0.4% during mid-day trading on Monday . The company traded as low as $49.10 and last traded at $49.20. 12,340 shares were traded during mid-day trading, The stock had previously closed at $49.39.

iShares S&P 500 BuyWrite ETF Trading Down 0.2 %

The company’s fifty day moving average is $49.97 and its 200 day moving average is $49.78.

About iShares S&P 500 BuyWrite ETF

(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.

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