Shares of iShares Micro-Cap ETF (NYSEARCA:IWC – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 163,922 shares changed hands during mid-day trading, an increase of 53% from the previous session’s volume of 106,913 shares.The stock last traded at $189.1390 and had previously closed at $192.76.
iShares Micro-Cap ETF Price Performance
The firm has a market capitalization of $1.41 billion, a P/E ratio of 15.35 and a beta of 1.10. The firm’s fifty day moving average price is $193.71 and its 200-day moving average price is $184.77.
Institutional Trading of iShares Micro-Cap ETF
A number of hedge funds and other institutional investors have recently modified their holdings of IWC. Whittier Trust Co. boosted its position in shares of iShares Micro-Cap ETF by 168.8% during the 1st quarter. Whittier Trust Co. now owns 323,937 shares of the exchange traded fund’s stock valued at $52,899,000 after purchasing an additional 203,428 shares in the last quarter. Bank of America Corp DE boosted its holdings in iShares Micro-Cap ETF by 10.5% during the first quarter. Bank of America Corp DE now owns 235,188 shares of the exchange traded fund’s stock worth $37,538,000 after buying an additional 22,376 shares in the last quarter. Corient Private Wealth LLC grew its position in iShares Micro-Cap ETF by 18.5% in the fourth quarter. Corient Private Wealth LLC now owns 177,674 shares of the exchange traded fund’s stock worth $28,019,000 after buying an additional 27,768 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of iShares Micro-Cap ETF by 134.6% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 164,721 shares of the exchange traded fund’s stock valued at $26,899,000 after buying an additional 94,500 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of iShares Micro-Cap ETF by 14.3% during the 1st quarter. Cetera Investment Advisers now owns 108,219 shares of the exchange traded fund’s stock valued at $17,273,000 after acquiring an additional 13,520 shares during the last quarter.
About iShares Micro-Cap ETF
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.
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