iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) Shares Down 4.1% – What’s Next?

iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) shares traded down 4.1% during trading on Wednesday . The company traded as low as $44.91 and last traded at $45.14. 7,472 shares were traded during mid-day trading, an increase of 144% from the average session volume of 3,068 shares. The stock had previously closed at $47.09.

iShares Russell 2000 BuyWrite ETF Trading Up -2.4 %

The firm has a fifty day simple moving average of $46.83 and a 200-day simple moving average of $46.34.

iShares Russell 2000 BuyWrite ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, November 7th. Investors of record on Monday, November 4th were given a dividend of $0.8421 per share. The ex-dividend date of this dividend was Monday, November 4th.

Institutional Investors Weigh In On iShares Russell 2000 BuyWrite ETF

An institutional investor recently bought a new position in iShares Russell 2000 BuyWrite ETF stock. Alaska Permanent Capital Management acquired a new stake in shares of iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,507 shares of the company’s stock, valued at approximately $116,000. Alaska Permanent Capital Management owned about 0.78% of iShares Russell 2000 BuyWrite ETF at the end of the most recent quarter.

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.