iShares S&P 500 BuyWrite ETF (BATS:IVVW) Stock Price Up 1.1% – Here’s Why

iShares S&P 500 BuyWrite ETF (BATS:IVVWGet Free Report)’s share price shot up 1.1% during mid-day trading on Thursday . The stock traded as high as $48.18 and last traded at $48.10. 6,022 shares were traded during trading, The stock had previously closed at $47.57.

iShares S&P 500 BuyWrite ETF Stock Performance

The stock has a 50 day moving average price of $49.57 and a 200 day moving average price of $49.79. The company has a market capitalization of $41.76 million, a P/E ratio of 25.34 and a beta of 0.60.

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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