iShares Micro-Cap ETF (NYSEARCA:IWC) Reaches New 12-Month Low – Should You Sell?

Shares of iShares Micro-Cap ETF (NYSEARCA:IWC) hit a new 52-week low on Thursday . The stock traded as low as $104.72 and last traded at $104.89, with a volume of 22281 shares trading hands. The stock had previously closed at $112.44.

iShares Micro-Cap ETF Stock Performance

The company has a market capitalization of $725.18 million, a PE ratio of 13.64 and a beta of 1.17. The stock’s fifty day simple moving average is $121.80 and its 200-day simple moving average is $126.81.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. TABR Capital Management LLC purchased a new stake in shares of iShares Micro-Cap ETF during the 4th quarter valued at $11,593,000. Wells Fargo & Company MN grew its stake in shares of iShares Micro-Cap ETF by 46.6% during the fourth quarter. Wells Fargo & Company MN now owns 115,372 shares of the exchange traded fund’s stock valued at $15,042,000 after acquiring an additional 36,675 shares in the last quarter. Finley Financial LLC acquired a new stake in iShares Micro-Cap ETF during the 4th quarter valued at approximately $4,412,000. Heck Capital Advisors LLC acquired a new stake in shares of iShares Micro-Cap ETF during the fourth quarter worth approximately $3,745,000. Finally, Two Sigma Investments LP increased its position in shares of iShares Micro-Cap ETF by 400.0% in the 4th quarter. Two Sigma Investments LP now owns 21,000 shares of the exchange traded fund’s stock worth $2,738,000 after purchasing an additional 16,800 shares during the last quarter.

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.