2-Oct-2026
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iShares S&P 500 BuyWrite ETF declares monthly distribution of $0.8844
Seeking Alpha News (Fri, 2-Oct 10:51 AM ET)
The Fund seeks to track the investment results of an index that reflects a strategy of holding the iShares Core S&P 500 ETF while writing (selling) one-month call options to generate income. The Fund seeks to track the investment results of the Cboe S&P 500 Enhanced 1% OTM BuyWrite Index (the "Underlying Index"). The Underlying Index is designed to measure the performance of a strategy of holding the iShares Core S&P 500 ETF (the "Underlying Fund") while writing (selling) one-month call options primarily on the S&P 500 Index (the "Option Index") to generate income. The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund and options on the Option Index. A strategy of holding a stock or basket of stocks and selling call options that reference the stock or basket of stocks is commonly known as a "covered call" or "buy-write" strategy. The Underlying Index is a product of Cboe Global Indices, LLC or its affiliates (the "Index Provider" or "CGI") and S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), the index provider for the Underlying Fund.
iShares S&P 500 Buywrite ETF trades on the BATS stock market under the symbol IVVW.
As of October 2, 2026, IVVW stock price climbed to $44.75 with 7,125 million shares trading.
IVVW has a beta of 0.49, meaning it tends to be less sensitive to market movements. IVVW has a correlation of 0.76 to the broad based SPY ETF.
IVVW has a market cap of $345.47 million. This is considered a Small Cap stock.
IVVW has underperformed the market in the last year with a price return of +15.3% while the SPY ETF gained +16.1%. However, in the short term, IVVW had mixed performance relative to the market. It has outperformed in the last 3 months, returning +5.0% vs +3.6% return in SPY. But in the last 2 weeks, IVVW shares have been beat by the market, returning +0.7% compared to an SPY return of +1.0%.
IVVW support price is $44.45 and resistance is $44.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IVVW shares will trade within this expected range on the day.