Davies Financial Advisors Inc. Sells 3,735 Shares of iShares Micro-Cap ETF $IWC

Davies Financial Advisors Inc. trimmed its stake in iShares Micro-Cap ETF (NYSEARCA:IWC) by 67.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,789 shares of the exchange traded fund’s stock after selling 3,735 shares during the quarter. Davies Financial Advisors Inc.’s holdings in iShares Micro-Cap ETF were worth $282,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Focus Financial Network Inc. bought a new stake in iShares Micro-Cap ETF in the third quarter worth $1,099,000. Concurrent Investment Advisors LLC bought a new stake in iShares Micro-Cap ETF in the third quarter worth $891,000. Keystone Wealth Services LLC bought a new stake in iShares Micro-Cap ETF in the third quarter worth $707,000. Nvwm LLC bought a new stake in iShares Micro-Cap ETF in the third quarter worth $604,000. Finally, TABR Capital Management LLC bought a new stake in iShares Micro-Cap ETF in the third quarter worth $19,203,000.

iShares Micro-Cap ETF Trading Up 0.4%

iShares Micro-Cap ETF stock opened at $181.65 on Tuesday. The business’s fifty day simple moving average is $165.85 and its two-hundred day simple moving average is $161.76. iShares Micro-Cap ETF has a 12 month low of $101.62 and a 12 month high of $182.11. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 15.35 and a beta of 1.06.

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. The Index is a float-adjusted capitalization-weighted index and includes equity securities issued by issuers with total market capitalizations ranging from approximately $50 million to $550 million, though these amounts may change from time to time.