Cetera Investment Advisers Increases Position in iShares Micro-Cap ETF (NYSEARCA:IWC)

Cetera Investment Advisers increased its stake in iShares Micro-Cap ETF (NYSEARCA:IWC) by 14.4% in the 4th quarter, Holdings Channel reports. The fund owned 35,323 shares of the exchange traded fund’s stock after buying an additional 4,443 shares during the quarter. Cetera Investment Advisers’ holdings in iShares Micro-Cap ETF were worth $4,605,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN grew its position in iShares Micro-Cap ETF by 46.6% in the fourth quarter. Wells Fargo & Company MN now owns 115,372 shares of the exchange traded fund’s stock worth $15,042,000 after acquiring an additional 36,675 shares in the last quarter. TABR Capital Management LLC bought a new stake in iShares Micro-Cap ETF in the fourth quarter worth $11,593,000. Chicago Partners Investment Group LLC lifted its stake in iShares Micro-Cap ETF by 3.4% in the fourth quarter. Chicago Partners Investment Group LLC now owns 83,360 shares of the exchange traded fund’s stock worth $10,729,000 after purchasing an additional 2,764 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares Micro-Cap ETF by 5.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 76,726 shares of the exchange traded fund’s stock worth $10,004,000 after purchasing an additional 3,653 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in iShares Micro-Cap ETF by 1.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 72,771 shares of the exchange traded fund’s stock worth $9,488,000 after purchasing an additional 872 shares during the last quarter.

iShares Micro-Cap ETF Stock Down 0.6%

iShares Micro-Cap ETF stock opened at $118.24 on Thursday. The company has a market capitalization of $809.94 million, a PE ratio of 13.98 and a beta of 1.08. The firm has a fifty day simple moving average of $110.28 and a two-hundred day simple moving average of $123.52. iShares Micro-Cap ETF has a twelve month low of $95.25 and a twelve month high of $139.98.

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.