iShares Micro-Cap ETF (NYSEARCA:IWC) Hits New 1-Year High – Here’s What Happened

iShares Micro-Cap ETF (NYSEARCA:IWCGet Free Report) hit a new 52-week high on Monday . The stock traded as high as $188.97 and last traded at $188.85, with a volume of 53105 shares changing hands. The stock had previously closed at $185.68.

iShares Micro-Cap ETF Price Performance

The firm has a fifty day simple moving average of $168.87 and a two-hundred day simple moving average of $163.80. The firm has a market capitalization of $1.42 billion, a P/E ratio of 15.35 and a beta of 1.09.

Hedge Funds Weigh In On iShares Micro-Cap ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Whittier Trust Co. grew its holdings in iShares Micro-Cap ETF by 168.8% during the first quarter. Whittier Trust Co. now owns 323,937 shares of the exchange traded fund’s stock valued at $52,899,000 after purchasing an additional 203,428 shares during the period. Bank of America Corp DE grew its holdings in iShares Micro-Cap ETF by 6.3% during the third quarter. Bank of America Corp DE now owns 214,732 shares of the exchange traded fund’s stock valued at $32,014,000 after purchasing an additional 12,731 shares during the period. Corient Private Wealth LLC grew its holdings in iShares Micro-Cap ETF by 18.5% during the fourth quarter. Corient Private Wealth LLC now owns 177,674 shares of the exchange traded fund’s stock valued at $28,019,000 after purchasing an additional 27,768 shares during the period. Whittier Trust Co. of Nevada Inc. grew its holdings in iShares Micro-Cap ETF by 134.6% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 164,721 shares of the exchange traded fund’s stock valued at $26,899,000 after purchasing an additional 94,500 shares during the period. Finally, Chicago Partners Investment Group LLC grew its holdings in iShares Micro-Cap ETF by 4.4% during the first quarter. Chicago Partners Investment Group LLC now owns 99,610 shares of the exchange traded fund’s stock valued at $15,899,000 after purchasing an additional 4,238 shares during the period.

iShares Micro-Cap ETF Company Profile

(Get Free Report)

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.

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