Optivise Advisory Services LLC Buys Shares of 9,265 iShares Micro-Cap ETF $IWC

Optivise Advisory Services LLC bought a new position in iShares Micro-Cap ETF (NYSEARCA:IWC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,265 shares of the exchange traded fund’s stock, valued at approximately $1,381,000. Optivise Advisory Services LLC owned approximately 0.14% of iShares Micro-Cap ETF as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Clune & Associates LTD. acquired a new stake in shares of iShares Micro-Cap ETF in the 3rd quarter valued at $257,000. Nvwm LLC acquired a new position in iShares Micro-Cap ETF during the third quarter worth $604,000. Milestone Asset Management LLC bought a new position in iShares Micro-Cap ETF during the third quarter valued at about $379,000. Norden Group LLC acquired a new stake in shares of iShares Micro-Cap ETF in the third quarter worth about $7,047,000. Finally, Level Financial Advisors lifted its position in shares of iShares Micro-Cap ETF by 6.4% in the third quarter. Level Financial Advisors now owns 9,971 shares of the exchange traded fund’s stock worth $1,487,000 after buying an additional 603 shares during the last quarter.

iShares Micro-Cap ETF Stock Down 1.0%

Shares of iShares Micro-Cap ETF stock opened at $160.68 on Monday. iShares Micro-Cap ETF has a 12-month low of $95.25 and a 12-month high of $166.98. The stock has a 50 day moving average price of $156.01 and a two-hundred day moving average price of $144.91. The stock has a market capitalization of $1.06 billion, a P/E ratio of 15.35 and a beta of 1.11.

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.