David Wealth Management LLC Takes $269,000 Position in iShares Micro-Cap ETF (NYSEARCA:IWC)

David Wealth Management LLC bought a new position in iShares Micro-Cap ETF (NYSEARCA:IWC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,067 shares of the exchange traded fund’s stock, valued at approximately $269,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TABR Capital Management LLC purchased a new stake in shares of iShares Micro-Cap ETF during the 4th quarter worth approximately $11,593,000. Finley Financial LLC purchased a new stake in iShares Micro-Cap ETF during the fourth quarter valued at $4,412,000. Heck Capital Advisors LLC bought a new position in iShares Micro-Cap ETF during the fourth quarter valued at $3,745,000. Archer Investment Management LLC purchased a new position in shares of iShares Micro-Cap ETF in the 4th quarter worth $1,651,000. Finally, Capstone Investment Advisors LLC bought a new stake in shares of iShares Micro-Cap ETF in the 3rd quarter worth about $987,000.

iShares Micro-Cap ETF Price Performance

NYSEARCA:IWC opened at $130.74 on Wednesday. The firm has a market capitalization of $960.94 million, a price-to-earnings ratio of 10.47 and a beta of 1.21. The business has a 50 day simple moving average of $131.49 and a 200-day simple moving average of $127.21. iShares Micro-Cap ETF has a 1 year low of $108.90 and a 1 year high of $139.98.

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.