Evanson Financial LLC Makes New $2.85 Million Investment in iShares Micro-Cap ETF $IWC

Evanson Financial LLC bought a new position in iShares Micro-Cap ETF (NYSEARCA:IWC) during the 2nd quarter, HoldingsChannel reports. The fund bought 14,272 shares of the exchange traded fund’s stock, valued at approximately $2,855,000.

Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC increased its position in shares of iShares Micro-Cap ETF by 3.2% during the first quarter. AQR Capital Management LLC now owns 5,607 shares of the exchange traded fund’s stock valued at $622,000 after acquiring an additional 176 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in iShares Micro-Cap ETF by 37.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 19,016 shares of the exchange traded fund’s stock worth $2,109,000 after acquiring an additional 5,152 shares during the last quarter. Jane Street Group LLC bought a new position in iShares Micro-Cap ETF in the 1st quarter valued at approximately $2,441,000. Focus Partners Wealth lifted its position in iShares Micro-Cap ETF by 6.7% in the 1st quarter. Focus Partners Wealth now owns 5,036 shares of the exchange traded fund’s stock valued at $559,000 after acquiring an additional 318 shares in the last quarter. Finally, Cerity Partners LLC purchased a new stake in iShares Micro-Cap ETF during the 2nd quarter valued at $207,000.

iShares Micro-Cap ETF Trading Down 0.1%

Shares of IWC opened at $196.47 on Friday. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 15.35 and a beta of 1.10. The business’s fifty day simple moving average is $191.81 and its two-hundred day simple moving average is $178.70. iShares Micro-Cap ETF has a 12 month low of $130.35 and a 12 month high of $203.28.

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.