iShares Micro-Cap ETF (NYSEARCA:IWC) Stock Position Lessened by Level Financial Advisors

Level Financial Advisors reduced its stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 9.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,175 shares of the exchange traded fund’s stock after selling 1,066 shares during the quarter. Level Financial Advisors’ holdings in iShares Micro-Cap ETF were worth $1,327,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of IWC. AQR Capital Management LLC acquired a new position in iShares Micro-Cap ETF during the 2nd quarter valued at about $361,000. Park Avenue Securities LLC boosted its holdings in shares of iShares Micro-Cap ETF by 1.9% in the third quarter. Park Avenue Securities LLC now owns 39,641 shares of the exchange traded fund’s stock valued at $4,889,000 after acquiring an additional 731 shares in the last quarter. Peoples Bank KS increased its stake in shares of iShares Micro-Cap ETF by 26.5% during the third quarter. Peoples Bank KS now owns 5,125 shares of the exchange traded fund’s stock valued at $632,000 after acquiring an additional 1,075 shares during the period. Private Advisory Group LLC raised its holdings in iShares Micro-Cap ETF by 22.1% during the third quarter. Private Advisory Group LLC now owns 19,553 shares of the exchange traded fund’s stock worth $2,411,000 after purchasing an additional 3,541 shares in the last quarter. Finally, Davies Financial Advisors Inc. bought a new stake in iShares Micro-Cap ETF during the third quarter worth approximately $597,000.

iShares Micro-Cap ETF Stock Performance

Shares of NYSEARCA IWC opened at $129.94 on Tuesday. iShares Micro-Cap ETF has a 1 year low of $108.90 and a 1 year high of $139.98. The firm has a market cap of $955.06 million, a P/E ratio of 10.47 and a beta of 1.21. The stock has a fifty day moving average price of $132.53 and a two-hundred day moving average price of $126.85.

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.