HighTower Advisors LLC Boosts Position in iShares Micro-Cap ETF (NYSEARCA:IWC)

HighTower Advisors LLC boosted its position in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 0.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,176 shares of the exchange traded fund’s stock after acquiring an additional 116 shares during the quarter. HighTower Advisors LLC owned 0.26% of iShares Micro-Cap ETF worth $2,500,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Synergy Investment Management LLC purchased a new stake in iShares Micro-Cap ETF in the fourth quarter worth about $51,000. EP Wealth Advisors LLC purchased a new stake in iShares Micro-Cap ETF in the third quarter worth about $105,000. McClarren Financial Advisors Inc. purchased a new stake in iShares Micro-Cap ETF in the fourth quarter worth about $116,000. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares Micro-Cap ETF in the fourth quarter worth about $140,000. Finally, Moloney Securities Asset Management LLC purchased a new stake in iShares Micro-Cap ETF in the fourth quarter worth about $201,000.

iShares Micro-Cap ETF Stock Down 0.6 %

Shares of IWC opened at $116.23 on Friday. The business has a 50-day simple moving average of $125.32 and a two-hundred day simple moving average of $127.40. The stock has a market cap of $831.04 million, a price-to-earnings ratio of 13.73 and a beta of 1.17. iShares Micro-Cap ETF has a 52 week low of $108.90 and a 52 week high of $139.98.

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.