TAP Consulting LLC Cuts Holdings in iShares Micro-Cap ETF (NYSEARCA:IWC)

TAP Consulting LLC decreased its position in iShares Micro-Cap ETF (NYSEARCA:IWC) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,432 shares of the exchange traded fund’s stock after selling 427 shares during the period. TAP Consulting LLC owned about 0.07% of iShares Micro-Cap ETF worth $630,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWC. Family Firm Inc. increased its holdings in iShares Micro-Cap ETF by 5.6% in the third quarter. Family Firm Inc. now owns 16,389 shares of the exchange traded fund’s stock valued at $1,641,000 after buying an additional 864 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in iShares Micro-Cap ETF by 14.0% in the third quarter. Commonwealth Equity Services LLC now owns 8,885 shares of the exchange traded fund’s stock valued at $889,000 after buying an additional 1,092 shares in the last quarter. Cumberland Advisors Inc. purchased a new position in iShares Micro-Cap ETF in the third quarter valued at $4,338,000. Legacy Financial Group LLC purchased a new position in iShares Micro-Cap ETF in the third quarter valued at $512,000. Finally, Chicago Partners Investment Group LLC increased its holdings in iShares Micro-Cap ETF by 16.1% in the third quarter. Chicago Partners Investment Group LLC now owns 75,523 shares of the exchange traded fund’s stock valued at $6,941,000 after buying an additional 10,457 shares in the last quarter.

iShares Micro-Cap ETF Stock Performance

Shares of IWC stock traded up $1.17 on Friday, reaching $112.63. 56,918 shares of the company were exchanged, compared to its average volume of 32,088. The company has a market cap of $844.73 million, a price-to-earnings ratio of 10.08 and a beta of 1.19. The business has a 50-day moving average price of $116.40 and a 200 day moving average price of $109.51. iShares Micro-Cap ETF has a 1 year low of $90.70 and a 1 year high of $121.61.

About iShares Micro-Cap ETF

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.