NewEdge Advisors LLC Acquires 10,667 Shares of iShares Micro-Cap ETF $IWC

NewEdge Advisors LLC grew its holdings in iShares Micro-Cap ETF (NYSEARCA:IWC) by 523.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 12,703 shares of the exchange traded fund’s stock after buying an additional 10,667 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Micro-Cap ETF were worth $2,028,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Harbor Investment Advisory LLC raised its holdings in shares of iShares Micro-Cap ETF by 325.0% in the first quarter. Harbor Investment Advisory LLC now owns 170 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 130 shares during the last quarter. International Assets Investment Management LLC bought a new stake in iShares Micro-Cap ETF during the 4th quarter worth about $32,000. Frazier Financial Advisors LLC grew its holdings in iShares Micro-Cap ETF by 104.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 202 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 103 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares Micro-Cap ETF in the 4th quarter valued at about $39,000. Finally, Harbour Investments Inc. increased its position in iShares Micro-Cap ETF by 46.4% in the 4th quarter. Harbour Investments Inc. now owns 284 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 90 shares in the last quarter.

iShares Micro-Cap ETF Trading Up 0.8%

Shares of NYSEARCA IWC opened at $200.89 on Friday. iShares Micro-Cap ETF has a 1-year low of $134.17 and a 1-year high of $203.28. The company has a market cap of $1.54 billion, a PE ratio of 15.35 and a beta of 1.10. The company has a 50-day moving average of $192.99 and a two-hundred day moving average of $179.77.

About iShares Micro-Cap ETF

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.