HighTower Advisors LLC Reduces Stake in iShares Micro-Cap ETF $IWC

HighTower Advisors LLC reduced its position in iShares Micro-Cap ETF (NYSEARCA:IWC) by 20.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,905 shares of the exchange traded fund’s stock after selling 3,387 shares during the period. HighTower Advisors LLC owned about 0.17% of iShares Micro-Cap ETF worth $2,035,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its stake in iShares Micro-Cap ETF by 6.3% in the 3rd quarter. Bank of America Corp DE now owns 214,732 shares of the exchange traded fund’s stock valued at $32,014,000 after purchasing an additional 12,731 shares in the last quarter. Whittier Trust Co. purchased a new position in iShares Micro-Cap ETF in the 4th quarter valued at approximately $19,589,000. Chicago Partners Investment Group LLC increased its stake in iShares Micro-Cap ETF by 1.9% in the 4th quarter. Chicago Partners Investment Group LLC now owns 95,372 shares of the exchange traded fund’s stock valued at $16,431,000 after purchasing an additional 1,746 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in iShares Micro-Cap ETF by 107,932.3% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 70,221 shares of the exchange traded fund’s stock valued at $11,414,000 after purchasing an additional 70,156 shares in the last quarter. Finally, Yeomans Consulting Group Inc. purchased a new position in iShares Micro-Cap ETF in the 4th quarter valued at approximately $10,521,000.

iShares Micro-Cap ETF Price Performance

NYSEARCA IWC opened at $191.51 on Tuesday. iShares Micro-Cap ETF has a 1-year low of $118.01 and a 1-year high of $193.24. The company has a market capitalization of $1.46 billion, a P/E ratio of 15.35 and a beta of 1.09. The business has a 50 day moving average price of $176.11 and a 200 day moving average price of $167.62.

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.