iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Unusually-High Trading Volume

iShares Micro-Cap ETF (NYSEARCA:IWC) saw strong trading volume on Wednesday . 21,505 shares changed hands during mid-day trading, a decline of 47% from the previous session’s volume of 40,469 shares.The stock last traded at $116.94 and had previously closed at $114.86.

iShares Micro-Cap ETF Stock Performance

The firm has a 50 day simple moving average of $117.86 and a 200 day simple moving average of $116.60. The firm has a market cap of $843.56 million, a P/E ratio of 10.47 and a beta of 1.21.

Institutional Trading of iShares Micro-Cap ETF

Several institutional investors and hedge funds have recently made changes to their positions in IWC. Endowment Wealth Management Inc. lifted its position in iShares Micro-Cap ETF by 10.4% in the 2nd quarter. Endowment Wealth Management Inc. now owns 6,961 shares of the exchange traded fund’s stock worth $794,000 after buying an additional 653 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of iShares Micro-Cap ETF by 2.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 9,108 shares of the exchange traded fund’s stock worth $1,038,000 after acquiring an additional 197 shares during the last quarter. Modera Wealth Management LLC boosted its stake in shares of iShares Micro-Cap ETF by 104.8% in the 2nd quarter. Modera Wealth Management LLC now owns 7,494 shares of the exchange traded fund’s stock valued at $854,000 after purchasing an additional 3,834 shares in the last quarter. WealthShield Partners LLC grew its holdings in shares of iShares Micro-Cap ETF by 1.4% during the 2nd quarter. WealthShield Partners LLC now owns 30,834 shares of the exchange traded fund’s stock valued at $3,515,000 after purchasing an additional 416 shares during the last quarter. Finally, Schoolcraft Capital LLC grew its holdings in shares of iShares Micro-Cap ETF by 6.7% during the 2nd quarter. Schoolcraft Capital LLC now owns 65,099 shares of the exchange traded fund’s stock valued at $7,421,000 after purchasing an additional 4,101 shares during the last quarter.

iShares Micro-Cap ETF Company 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.