Global Retirement Partners LLC Cuts Stock Position in iShares Micro-Cap ETF $IWC

Global Retirement Partners LLC cut its holdings in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 22.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,917 shares of the exchange traded fund’s stock after selling 3,112 shares during the period. Global Retirement Partners LLC’s holdings in iShares Micro-Cap ETF were worth $1,722,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Fortis Group Advisors LLC purchased a new stake in iShares Micro-Cap ETF during the fourth quarter worth about $232,000. Griffin Asset Management Inc. purchased a new stake in iShares Micro-Cap ETF during the fourth quarter worth about $222,000. IFP Advisors Inc increased its stake in iShares Micro-Cap ETF by 17.8% during the fourth quarter. IFP Advisors Inc now owns 1,090 shares of the exchange traded fund’s stock worth $172,000 after purchasing an additional 165 shares during the period. Forefront Wealth Partners LLC purchased a new stake in iShares Micro-Cap ETF during the fourth quarter worth about $411,000. Finally, PNC Financial Services Group Inc. increased its stake in iShares Micro-Cap ETF by 7.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 954 shares of the exchange traded fund’s stock worth $150,000 after purchasing an additional 63 shares during the period.

iShares Micro-Cap ETF Price Performance

Shares of NYSEARCA:IWC opened at $186.76 on Friday. The firm has a market capitalization of $1.42 billion, a PE ratio of 15.35 and a beta of 1.09. The firm’s 50-day moving average is $172.51 and its two-hundred day moving average is $165.85. iShares Micro-Cap ETF has a 1 year low of $115.75 and a 1 year high of $189.50.

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.