iShares Micro-Cap ETF (NYSEARCA:IWC) Reaches New 1-Year High – Here’s What Happened

by · The Markets Daily

iShares Micro-Cap ETF (NYSEARCA:IWC – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $166.15 and last traded at $165.11, with a volume of 105561 shares traded. The stock had previously closed at $162.64.

iShares Micro-Cap ETF Stock Performance

The firm has a market capitalization of $1.09 billion, a P/E ratio of 15.35 and a beta of 1.11. The firm’s 50-day moving average is $154.17 and its 200 day moving average is $141.43.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. 1832 Asset Management L.P. raised its position in iShares Micro-Cap ETF by 12.7% in the 1st quarter. 1832 Asset Management L.P. now owns 545,890 shares of the exchange traded fund’s stock valued at $60,545,000 after buying an additional 61,661 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares Micro-Cap ETF by 6.3% during the 3rd quarter. Bank of America Corp DE now owns 214,732 shares of the exchange traded fund’s stock worth $32,014,000 after acquiring an additional 12,731 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of iShares Micro-Cap ETF by 28.1% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 146,444 shares of the exchange traded fund’s stock worth $18,695,000 after acquiring an additional 32,082 shares in the last quarter. TABR Capital Management LLC acquired a new stake in shares of iShares Micro-Cap ETF in the third quarter valued at approximately $19,203,000. Finally, Chicago Partners Investment Group LLC lifted its position in shares of iShares Micro-Cap ETF by 4.0% in the third quarter. Chicago Partners Investment Group LLC now owns 93,626 shares of the exchange traded fund’s stock worth $14,748,000 after purchasing an additional 3,636 shares in the last quarter.

About iShares Micro-Cap ETF

(Get Free Report)

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.

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