Rockbridge Investment Management LCC Decreases Position in iShares Micro-Cap ETF (NYSEARCA:IWC)

Rockbridge Investment Management LCC decreased its position in iShares Micro-Cap ETF (NYSEARCA:IWC) by 10.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 15,075 shares of the exchange traded fund’s stock after selling 1,743 shares during the period. Rockbridge Investment Management LCC’s holdings in iShares Micro-Cap ETF were worth $1,965,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stifel Financial Corp raised its stake in shares of iShares Micro-Cap ETF by 41.1% in the third quarter. Stifel Financial Corp now owns 21,335 shares of the exchange traded fund’s stock valued at $2,632,000 after buying an additional 6,217 shares during the period. Allworth Financial LP increased its holdings in iShares Micro-Cap ETF by 284.3% in the 4th quarter. Allworth Financial LP now owns 5,453 shares of the exchange traded fund’s stock worth $718,000 after acquiring an additional 4,034 shares during the last quarter. HighTower Advisors LLC raised its stake in iShares Micro-Cap ETF by 33.8% in the 3rd quarter. HighTower Advisors LLC now owns 19,060 shares of the exchange traded fund’s stock valued at $2,341,000 after acquiring an additional 4,812 shares during the period. Heck Capital Advisors LLC purchased a new stake in iShares Micro-Cap ETF during the fourth quarter valued at about $3,745,000. Finally, Capstone Investment Advisors LLC purchased a new stake in iShares Micro-Cap ETF during the third quarter valued at about $987,000.

iShares Micro-Cap ETF Stock Down 1.6 %

IWC opened at $115.26 on Thursday. The firm has a 50-day moving average price of $124.77 and a 200-day moving average price of $127.37. iShares Micro-Cap ETF has a twelve month low of $108.90 and a twelve month high of $139.98. The company has a market capitalization of $829.87 million, a price-to-earnings ratio of 13.64 and a beta of 1.17.

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.