iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Strong Trading Volume – Should You Buy?

iShares Micro-Cap ETF (NYSEARCA:IWC) saw strong trading volume on Tuesday . 140,333 shares were traded during trading, an increase of 257% from the previous session’s volume of 39,267 shares.The stock last traded at $115.38 and had previously closed at $116.61.

iShares Micro-Cap ETF Stock Down 0.8 %

The firm has a market cap of $827.26 million, a PE ratio of 13.73 and a beta of 1.17. The stock has a 50 day moving average price of $126.27 and a two-hundred day moving average price of $127.61.

Institutional Investors Weigh In On iShares Micro-Cap ETF

A number of large investors have recently modified their holdings of IWC. Parkworth Wealth Management Inc. acquired a new stake in shares of iShares Micro-Cap ETF during the fourth quarter worth about $25,000. Bessemer Group Inc. acquired a new stake in shares of iShares Micro-Cap ETF during the fourth quarter worth about $32,000. Aptus Capital Advisors LLC lifted its holdings in shares of iShares Micro-Cap ETF by 139.5% during the third quarter. Aptus Capital Advisors LLC now owns 412 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 240 shares during the period. Synergy Investment Management LLC acquired a new stake in shares of iShares Micro-Cap ETF during the fourth quarter worth about $51,000. Finally, National Bank of Canada FI lifted its holdings in shares of iShares Micro-Cap ETF by 18.3% during the fourth quarter. National Bank of Canada FI now owns 575 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 89 shares during the period.

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.