Genesis Financial Group LLC Invests $690,000 in iShares Micro-Cap ETF $IWC

Genesis Financial Group LLC acquired a new stake in iShares Micro-Cap ETF (NYSEARCA:IWC) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 4,375 shares of the exchange traded fund’s stock, valued at approximately $690,000.

A number of other institutional investors have also made changes to their positions in IWC. Flow Traders U.S. LLC acquired a new position in iShares Micro-Cap ETF during the second quarter worth $593,000. Acropolis Investment Management LLC acquired a new stake in iShares Micro-Cap ETF in the 3rd quarter valued at $671,000. Focus Financial Network Inc. acquired a new stake in iShares Micro-Cap ETF in the 3rd quarter valued at $1,099,000. Concurrent Investment Advisors LLC bought a new stake in iShares Micro-Cap ETF during the 3rd quarter worth about $891,000. Finally, Keystone Wealth Services LLC bought a new stake in iShares Micro-Cap ETF during the 3rd quarter worth about $707,000.

iShares Micro-Cap ETF Price Performance

iShares Micro-Cap ETF stock opened at $162.65 on Friday. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 15.35 and a beta of 1.11. The firm has a 50-day moving average of $165.33 and a 200-day moving average of $159.71. iShares Micro-Cap ETF has a one year low of $95.25 and a one year high of $176.74.

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.