Northwestern Mutual Wealth Management Co. Acquires 22,346 Shares of iShares Micro-Cap ETF $IWC

Northwestern Mutual Wealth Management Co. increased its holdings in iShares Micro-Cap ETF (NYSEARCA:IWC) by 744,866.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,349 shares of the exchange traded fund’s stock after purchasing an additional 22,346 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Micro-Cap ETF were worth $3,524,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Signaturefd LLC acquired a new position in iShares Micro-Cap ETF in the fourth quarter valued at $27,000. International Assets Investment Management LLC acquired a new position in iShares Micro-Cap ETF in the fourth quarter valued at $32,000. Kohmann Bosshard Financial Services LLC acquired a new position in iShares Micro-Cap ETF in the fourth quarter valued at $39,000. Comerica Bank lifted its holdings in iShares Micro-Cap ETF by 41.4% in the fourth quarter. Comerica Bank now owns 512 shares of the exchange traded fund’s stock valued at $81,000 after buying an additional 150 shares during the period. Finally, Ares Financial Consulting LLC acquired a new position in iShares Micro-Cap ETF in the fourth quarter valued at $105,000.

iShares Micro-Cap ETF Price Performance

IWC stock opened at $186.76 on Monday. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 15.35 and a beta of 1.09. iShares Micro-Cap ETF has a 12-month low of $115.75 and a 12-month high of $189.50. The company’s fifty day simple moving average is $172.51 and its 200 day simple moving average is $165.93.

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.