Nvwm LLC Invests $604,000 in iShares Micro-Cap ETF $IWC

Nvwm LLC purchased a new stake in iShares Micro-Cap ETF (NYSEARCA:IWC) in the third quarter, Holdings Channel reports. The firm purchased 4,051 shares of the exchange traded fund’s stock, valued at approximately $604,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWC. Northwestern Mutual Wealth Management Co. purchased a new position in iShares Micro-Cap ETF during the first quarter worth approximately $46,000. MAI Capital Management increased its stake in shares of iShares Micro-Cap ETF by 24.6% in the 1st quarter. MAI Capital Management now owns 471 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 93 shares during the last quarter. Annandale Capital LLC purchased a new position in shares of iShares Micro-Cap ETF during the 2nd quarter worth $204,000. Cerity Partners LLC acquired a new position in shares of iShares Micro-Cap ETF during the 2nd quarter valued at about $207,000. Finally, Moloney Securities Asset Management LLC acquired a new position in shares of iShares Micro-Cap ETF during the 2nd quarter valued at about $212,000.

iShares Micro-Cap ETF Trading Down 1.0%

iShares Micro-Cap ETF stock opened at $160.68 on Friday. The company has a 50-day moving average price of $156.01 and a 200 day moving average price of $144.78. iShares Micro-Cap ETF has a 12-month low of $95.25 and a 12-month high of $166.98. The stock has a market cap of $1.06 billion, a P/E ratio of 15.35 and a beta of 1.11.

iShares Micro-Cap ETF Profile

iShares Micro-Cap ETF, formerly iShares Russell Microcap Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Microcap Index (the Index). The Index measures the microcap sector of the United States equity market. The Index is a float-adjusted capitalization-weighted index and includes equity securities issued by issuers with total market capitalizations ranging from approximately $50 million to $550 million, though these amounts may change from time to time.