iShares S&P 500 BuyWrite ETF (BATS:IVVW) Trading Up 0.2% – Here’s What Happened

iShares S&P 500 BuyWrite ETF (BATS:IVVWGet Free Report)’s stock price shot up 0.2% on Thursday . The stock traded as high as $45.86 and last traded at $45.86. 46,238 shares traded hands during mid-day trading, The stock had previously closed at $45.78.

iShares S&P 500 BuyWrite ETF Price Performance

The company has a market capitalization of $179.93 million, a P/E ratio of 25.38 and a beta of 0.60. The firm’s 50-day moving average is $45.89 and its 200-day moving average is $45.95.

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. The fund-of-fund holds shares of the iShares Core S&P 500 ETF (IVV) while simultaneously writing one-month call options. IVVW was launched on Mar 14, 2024 and is issued by BlackRock.

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