LPL Financial LLC Purchases 15,395 Shares of iShares Micro-Cap ETF (NYSEARCA:IWC)

LPL Financial LLC lifted its position in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 30.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,221 shares of the exchange traded fund’s stock after buying an additional 15,395 shares during the quarter. LPL Financial LLC owned about 0.90% of iShares Micro-Cap ETF worth $8,634,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IWC. TABR Capital Management LLC bought a new position in shares of iShares Micro-Cap ETF during the 4th quarter worth approximately $11,593,000. Finley Financial LLC bought a new position in iShares Micro-Cap ETF during the fourth quarter worth $4,412,000. Heck Capital Advisors LLC acquired a new stake in iShares Micro-Cap ETF in the fourth quarter worth $3,745,000. Archer Investment Management LLC acquired a new stake in iShares Micro-Cap ETF in the fourth quarter worth $1,651,000. Finally, Kelly Financial Group LLC bought a new stake in iShares Micro-Cap ETF in the fourth quarter valued at $1,478,000.

iShares Micro-Cap ETF Price Performance

IWC stock opened at $100.72 on Friday. The company’s 50-day moving average is $121.80 and its 200-day moving average is $126.81. The stock has a market capitalization of $725.18 million, a PE ratio of 13.64 and a beta of 1.17. iShares Micro-Cap ETF has a 1 year low of $98.02 and a 1 year high of $139.98.

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.