Shares of iShares Micro-Cap ETF (NYSEARCA:IWC – Get Free Report) saw an uptick in trading volume on Monday. Approximately 97,314 shares traded hands during mid-day trading, a decline of 17% from the previous session’s volume of 117,877 shares. The stock last traded at $181.8210 and had previously closed at $183.00.
iShares Micro-Cap ETF Stock Performance
The stock has a market cap of $1.31 billion, a PE ratio of 15.35 and a beta of 1.12. The company’s 50 day simple moving average is $192.63 and its 200 day simple moving average is $186.94.
Hedge Funds Weigh In On iShares Micro-Cap ETF
A number of hedge funds and other institutional investors have recently modified their holdings of IWC. Factor Wealth Management LTD grew its holdings in shares of iShares Micro-Cap ETF by 4.8% in the first quarter. Factor Wealth Management LTD now owns 2,051 shares of the exchange traded fund’s stock valued at $327,000 after acquiring an additional 94 shares in the last quarter. Camelot Technology Advisors Inc. increased its position in shares of iShares Micro-Cap ETF by 0.7% during the second quarter. Camelot Technology Advisors Inc. now owns 18,894 shares of the exchange traded fund’s stock valued at $3,779,000 after acquiring an additional 124 shares during the last quarter. Harbor Investment Advisory LLC lifted its holdings in iShares Micro-Cap ETF by 325.0% during the first quarter. Harbor Investment Advisory LLC now owns 170 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 130 shares during the period. Eclectic Associates Inc. ADV lifted its holdings in iShares Micro-Cap ETF by 3.8% during the second quarter. Eclectic Associates Inc. ADV now owns 5,262 shares of the exchange traded fund’s stock worth $1,053,000 after acquiring an additional 191 shares during the period. Finally, CoreCap Advisors LLC lifted its holdings in iShares Micro-Cap ETF by 18.6% during the third quarter. CoreCap Advisors LLC now owns 1,557 shares of the exchange traded fund’s stock worth $288,000 after acquiring an additional 244 shares during the period.
iShares Micro-Cap ETF Company 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.
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