UBS Group AG Decreases Position in iShares Micro-Cap ETF $IWC

UBS Group AG decreased its stake in iShares Micro-Cap ETF (NYSEARCA:IWC) by 12.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 55,990 shares of the exchange traded fund’s stock after selling 7,781 shares during the quarter. UBS Group AG’s holdings in iShares Micro-Cap ETF were worth $8,830,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Raymond James Financial Inc. boosted its position in shares of iShares Micro-Cap ETF by 1.7% in the third quarter. Raymond James Financial Inc. now owns 5,795 shares of the exchange traded fund’s stock worth $864,000 after buying an additional 96 shares during the period. Institute for Wealth Management LLC. boosted its position in shares of iShares Micro-Cap ETF by 0.5% in the fourth quarter. Institute for Wealth Management LLC. now owns 20,082 shares of the exchange traded fund’s stock worth $3,167,000 after buying an additional 107 shares during the period. Kendall Capital Management boosted its position in shares of iShares Micro-Cap ETF by 0.7% in the fourth quarter. Kendall Capital Management now owns 17,195 shares of the exchange traded fund’s stock worth $2,712,000 after buying an additional 121 shares during the period. Signaturefd LLC purchased a new stake in shares of iShares Micro-Cap ETF in the fourth quarter worth about $27,000. Finally, GHP Investment Advisors Inc. boosted its holdings in iShares Micro-Cap ETF by 1.6% in the fourth quarter. GHP Investment Advisors Inc. now owns 10,929 shares of the exchange traded fund’s stock valued at $1,724,000 after purchasing an additional 173 shares during the last quarter.

iShares Micro-Cap ETF Stock Performance

Shares of IWC opened at $181.94 on Monday. The company has a market capitalization of $1.38 billion, a P/E ratio of 15.35 and a beta of 1.09. iShares Micro-Cap ETF has a one year low of $115.75 and a one year high of $189.50. The stock has a 50-day moving average price of $170.83 and a 200 day moving average price of $165.02.

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.