42,672 Shares in iShares Micro-Cap ETF $IWC Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC purchased a new stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 42,672 shares of the exchange traded fund’s stock, valued at approximately $7,886,000.

Several other large investors have also recently added to or reduced their stakes in IWC. NewEdge Advisors LLC boosted its holdings in shares of iShares Micro-Cap ETF by 523.9% in the 1st quarter. NewEdge Advisors LLC now owns 12,703 shares of the exchange traded fund’s stock valued at $2,028,000 after buying an additional 10,667 shares during the period. Chicago Partners Investment Group LLC bought a new stake in shares of iShares Micro-Cap ETF during the 3rd quarter valued at about $17,768,000. Doliver Advisors LP acquired a new stake in iShares Micro-Cap ETF during the third quarter worth about $578,000. Wedmont Private Capital acquired a new stake in iShares Micro-Cap ETF during the third quarter worth about $1,429,000. Finally, Lido Advisors LLC raised its stake in iShares Micro-Cap ETF by 43.3% during the first quarter. Lido Advisors LLC now owns 8,965 shares of the exchange traded fund’s stock worth $1,431,000 after acquiring an additional 2,708 shares during the period.

iShares Micro-Cap ETF Stock Down 1.1%

Shares of NYSEARCA IWC opened at $173.19 on Friday. The firm’s 50-day moving average price is $182.65 and its two-hundred day moving average price is $181.71. iShares Micro-Cap ETF has a 52-week low of $143.74 and a 52-week high of $203.28. The stock has a market capitalization of $1.20 billion, a P/E ratio of 13.00 and a beta of 1.15.

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.