Lido Advisors LLC Cuts Position in iShares Micro-Cap ETF (NYSEARCA:IWC)

Lido Advisors LLC reduced its holdings in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 8.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,094 shares of the exchange traded fund’s stock after selling 448 shares during the quarter. Lido Advisors LLC’s holdings in iShares Micro-Cap ETF were worth $664,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Allworth Financial LP boosted its position in iShares Micro-Cap ETF by 284.3% during the 4th quarter. Allworth Financial LP now owns 5,453 shares of the exchange traded fund’s stock worth $718,000 after purchasing an additional 4,034 shares during the period. HighTower Advisors LLC lifted its stake in shares of iShares Micro-Cap ETF by 0.6% during the fourth quarter. HighTower Advisors LLC now owns 19,176 shares of the exchange traded fund’s stock worth $2,500,000 after purchasing an additional 116 shares in the last quarter. Annandale Capital LLC purchased a new stake in shares of iShares Micro-Cap ETF in the fourth quarter worth about $209,000. Heck Capital Advisors LLC acquired a new stake in shares of iShares Micro-Cap ETF in the fourth quarter valued at about $3,745,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of iShares Micro-Cap ETF by 52.3% during the 4th quarter. Bank of New York Mellon Corp now owns 3,453 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 1,186 shares during the period.

iShares Micro-Cap ETF Stock Performance

iShares Micro-Cap ETF stock opened at $114.34 on Friday. iShares Micro-Cap ETF has a one year low of $95.25 and a one year high of $139.98. The stock’s 50 day moving average price is $111.03 and its 200 day moving average price is $124.14. The firm has a market capitalization of $783.23 million, a PE ratio of 13.98 and a beta of 1.08.

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.