iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) Trading Down 0.5% – Here’s What Happened

iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) fell 0.5% on Wednesday . The company traded as low as $38.72 and last traded at $38.74. 14,383 shares were traded during mid-day trading, an increase of 125% from the average session volume of 6,396 shares. The stock had previously closed at $38.93.

iShares Russell 2000 BuyWrite ETF Trading Down 0.5%

The business has a 50-day simple moving average of $39.69 and a 200 day simple moving average of $39.77. The stock has a market cap of $28.67 million, a P/E ratio of 15.60 and a beta of 0.93.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Russell 2000 BuyWrite ETF stock. Osaic Holdings Inc. acquired a new position in iShares Russell 2000 BuyWrite ETF (NYSEARCA:IWMW) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 789 shares of the company’s stock, valued at approximately $31,000. Osaic Holdings Inc. owned approximately 0.13% of iShares Russell 2000 BuyWrite ETF at the end of the most recent quarter.

iShares Russell 2000 BuyWrite ETF Company Profile

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. IWMW was launched on Mar 14, 2024 and is issued by BlackRock.