Kendall Capital Management Raises Position in iShares Micro-Cap ETF (NYSEARCA:IWC)

Kendall Capital Management lifted its stake in iShares Micro-Cap ETF (NYSEARCA:IWC) by 0.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,760 shares of the exchange traded fund’s stock after buying an additional 111 shares during the period. Kendall Capital Management owned approximately 0.28% of iShares Micro-Cap ETF worth $2,367,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of IWC. CWM LLC boosted its position in shares of iShares Micro-Cap ETF by 45.5% in the second quarter. CWM LLC now owns 326 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 102 shares during the period. Mather Group LLC. purchased a new position in iShares Micro-Cap ETF in the first quarter valued at about $74,000. Frazier Financial Advisors LLC purchased a new position in iShares Micro-Cap ETF in the fourth quarter valued at about $102,000. First Horizon Advisors Inc. boosted its holdings in iShares Micro-Cap ETF by 11.4% in the second quarter. First Horizon Advisors Inc. now owns 1,707 shares of the exchange traded fund’s stock valued at $195,000 after purchasing an additional 175 shares during the last quarter. Finally, Eagle Global Advisors LLC purchased a new position in iShares Micro-Cap ETF in the fourth quarter valued at about $203,000.

iShares Micro-Cap ETF Stock Performance

Shares of IWC opened at $123.83 on Thursday. The company has a market capitalization of $910.15 million, a P/E ratio of 10.47 and a beta of 1.21. iShares Micro-Cap ETF has a one year low of $90.70 and a one year high of $130.75. The stock has a 50-day moving average price of $121.57 and a 200 day moving average price of $117.74.

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.