Is R2000 Weekly Distribution ETF (IWMY) a Buy, Sell, or Hold?
AMEX : IWMY
R2000 Weekly Distribution ETF
$18.85 USD
$0.12 (0.64%)
- Volume
- 35.96K
- Average Volume
- 53.58K
- Market Capitalization
- $99.69M
- P/E Ratio
- Dividend Yield
- %
- Price Target
- Year High
- $23.58
- Year Low
- $17.44
- Day High
- —
- Day Low
- —
- Payout Ratio
- Current Ratio
Company Overview
AMEX
None
Asset Management - Income
Financial Services
IWMY
N/A
US
USD
Liquidity Metrics
Sales & Valuation
-$
Profitability
-$
%
%
%
%
P/E Metrics
Analyst Price Target & Rating
0/5
0 Analysts
%
Financial Health Scores
No financial score data available.
Key Metrics (TTM)
No key metrics data available.
Company Executives
No executive data available.
Poll Results
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About R2000 Weekly Distribution ETF (AMEX:IWMY) Stock
IWMY is an actively managed exchange-traded fund designed to generate daily income and provide monthly distributions through the strategic deployment of options. The fund employs two distinct options-based approaches. Its primary strategy seeks to secure daily income by writing short-dated put options, either at-the-money or up to 5% in-the-money, with an expiration typically occurring on the following trading day. Profitability from these positions is contingent on an appreciation in the value of the Russell 2000 Index. The secondary strategy focuses on generating monthly distributions by selling in-the-money put options, aiming for a minimum daily income target of 0.25%. Should this target prove unachievable, the fund will instead sell options priced at their prevailing market value to o ... ptimize income generation. Crucially, IWMY will not adopt defensive postures during unfavorable market conditions, nor will it fully or directly participate in the upside performance of the underlying index. Consequently, the fund's risk and return profile is subject to daily fluctuations. A substantial portion of the portfolio is allocated to short-term U.S. Treasury securities, serving as collateral for its short put option obligations.
Frequently Asked Questions
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What is the current R2000 Weekly Distribution ETF (IWMY) stock price?
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R2000 Weekly Distribution ETF(AMEX:IWMY) stock price is $18.85 in the last trading session. During the trading session, IWMY stock reached the peak price of $23.58 while $17.44 was the lowest point it dropped to. The percentage change in IWMY stock occurred in the recent session was 0.64% while the dollar amount for the price change in IWMY stock was $0.12.
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IWMY's industry and sector of operation?
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The AMEX listed IWMY is part of Asset Management - Income industry that operates in the broader Financial Services sector.
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Who are the executives of IWMY?
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How many employees does IWMY have?
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Number of IWMY employees currently stands at None. IWMY operates from 234 West Florida Street, Milwaukee, NY 53204, US.
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Link for IWMY official website?
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Official Website of IWMY is: https://www.defianceetfs.com/iwmy
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How do I contact IWMY?
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IWMY could be contacted at phone #1-800-617-0004 and can also be accessed through its website. IWMY operates from 234 West Florida Street, Milwaukee, NY 53204, US.
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How many shares of IWMY are traded daily?
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The average number of IWMY shares traded daily for last 3 months was 53.58K.
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What is the market cap of IWMY currently?
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The market value of IWMY currently stands at $99.69M with its latest stock price at $18.85