Empirical Financial Services LLC d.b.a. Empirical Wealth Management Cuts Stock Holdings in iShares Micro-Cap ETF $IWC

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lowered its position in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 3.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 140,664 shares of the exchange traded fund’s stock after selling 5,352 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares Micro-Cap ETF were worth $22,451,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC lifted its position in iShares Micro-Cap ETF by 325.0% in the 1st quarter. Harbor Investment Advisory LLC now owns 170 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 130 shares in the last quarter. Signaturefd LLC purchased a new stake in iShares Micro-Cap ETF during the 4th quarter valued at $27,000. International Assets Investment Management LLC bought a new stake in shares of iShares Micro-Cap ETF in the 4th quarter worth $32,000. Frazier Financial Advisors LLC increased its holdings in shares of iShares Micro-Cap ETF by 104.0% in the 4th quarter. Frazier Financial Advisors LLC now owns 202 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 103 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares Micro-Cap ETF in the 4th quarter worth $39,000.

iShares Micro-Cap ETF Price Performance

IWC stock opened at $193.48 on Tuesday. The stock has a market capitalization of $1.47 billion, a P/E ratio of 15.35 and a beta of 1.09. iShares Micro-Cap ETF has a 1-year low of $126.19 and a 1-year high of $203.28. The business has a fifty day moving average price of $189.77 and a 200-day moving average price of $175.17.

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.