iShares Micro-Cap ETF (NYSEARCA:IWC) Stake Increased by Park Avenue Securities LLC

Park Avenue Securities LLC raised its stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 1.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,641 shares of the exchange traded fund’s stock after acquiring an additional 731 shares during the quarter. Park Avenue Securities LLC owned approximately 0.54% of iShares Micro-Cap ETF worth $4,889,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. CWM LLC grew its position in shares of iShares Micro-Cap ETF by 45.5% in the 2nd quarter. CWM LLC now owns 326 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 102 shares in the last quarter. Mather Group LLC. acquired a new position in iShares Micro-Cap ETF in the first quarter worth $74,000. First Horizon Advisors Inc. increased its stake in iShares Micro-Cap ETF by 11.4% during 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. William Howard & Co Financial Advisors Inc acquired a new stake in shares of iShares Micro-Cap ETF during the first quarter worth $230,000. Finally, Burke & Herbert Bank & Trust Co. bought a new position in shares of iShares Micro-Cap ETF in the 2nd quarter worth about $234,000.

iShares Micro-Cap ETF Stock Performance

Shares of NYSEARCA IWC traded up $2.08 during midday trading on Friday, hitting $122.38. The company’s stock had a trading volume of 24,343 shares, compared to its average volume of 39,731. The firm’s fifty day moving average price is $120.86 and its 200-day moving average price is $118.20. The firm has a market cap of $899.49 million, a P/E ratio of 10.47 and a beta of 1.21. iShares Micro-Cap ETF has a 1-year low of $90.70 and a 1-year high of $130.75.

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.