iShares Micro-Cap ETF (NYSEARCA:IWC) Reaches New 12-Month High – Here’s What Happened

iShares Micro-Cap ETF (NYSEARCA:IWC)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $143.60 and last traded at $143.22, with a volume of 36656 shares. The stock had previously closed at $143.14.

iShares Micro-Cap ETF Stock Up 0.1%

The firm has a market capitalization of $916.61 million, a PE ratio of 15.35 and a beta of 1.12. The firm’s 50-day moving average price is $133.04 and its two-hundred day moving average price is $122.18.

Hedge Funds Weigh In On iShares Micro-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IWC. AE Wealth Management LLC acquired a new position in shares of iShares Micro-Cap ETF during the first quarter valued at $35,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of iShares Micro-Cap ETF in the first quarter valued at about $46,000. MAI Capital Management raised its holdings in shares of iShares Micro-Cap ETF by 24.6% in the 1st quarter. MAI Capital Management now owns 471 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 93 shares during the period. Comerica Bank increased its holdings in shares of iShares Micro-Cap ETF by 38.7% in the fourth quarter. Comerica Bank now owns 573 shares of the exchange traded fund’s stock valued at $75,000 after purchasing an additional 160 shares during the last quarter. Finally, Guardian Wealth Advisors LLC NC grew its holdings in iShares Micro-Cap ETF by 55.3% in the 4th quarter. Guardian Wealth Advisors LLC NC now owns 640 shares of the exchange traded fund’s stock valued at $83,000 after buying an additional 228 shares in the last quarter.

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.