iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW) Shares Up 0.2% – Time to Buy?

Posted by Tech Dows on Jan 11th, 2025

iShares S&P 500 BuyWrite ETF (NYSEARCA:IVVW – Get Free Report) rose 0.2% during mid-day trading on Thursday . The company traded as high as $49.36 and last traded at $49.24. Approximately 8,182 shares were traded during trading, a decline of 4% from the average daily volume of 8,556 shares. The stock had previously closed at $49.16.

iShares S&P 500 BuyWrite ETF Stock Performance

The firm’s 50 day moving average is $49.88 and its 200 day moving average is $49.73.

iShares S&P 500 BuyWrite ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, November 7th. Investors of record on Monday, November 4th were paid a $0.6205 dividend. The ex-dividend date of this dividend was Monday, November 4th.

Institutional Investors Weigh In On iShares S&P 500 BuyWrite ETF

Hedge funds have recently added to or reduced their stakes in the stock. Cetera Investment Advisers bought a new position in shares of iShares S&P 500 BuyWrite ETF during the second quarter valued at $1,338,000. Alaska Wealth Advisors bought a new stake in iShares S&P 500 BuyWrite ETF during the 3rd quarter valued at about $194,000. Finally, Alaska Permanent Capital Management bought a new position in shares of iShares S&P 500 BuyWrite ETF in the third quarter worth approximately $122,000.

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.