Davies Financial Advisors Inc. Has $742,000 Position in iShares Micro-Cap ETF $IWC

Davies Financial Advisors Inc. lessened its position in iShares Micro-Cap ETF (NYSEARCA:IWC) by 36.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,816 shares of the exchange traded fund’s stock after selling 3,338 shares during the period. Davies Financial Advisors Inc. owned about 0.09% of iShares Micro-Cap ETF worth $742,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in IWC. IFP Advisors Inc lifted its holdings in iShares Micro-Cap ETF by 71.9% during the 1st quarter. IFP Advisors Inc now owns 990 shares of the exchange traded fund’s stock valued at $110,000 after purchasing an additional 414 shares during the last quarter. AE Wealth Management LLC bought a new stake in iShares Micro-Cap ETF during the first quarter worth about $35,000. Avantax Advisory Services Inc. increased its holdings in shares of iShares Micro-Cap ETF by 8.6% during the first quarter. Avantax Advisory Services Inc. now owns 79,017 shares of the exchange traded fund’s stock worth $8,764,000 after buying an additional 6,246 shares in the last quarter. Texas Yale Capital Corp. raised its stake in shares of iShares Micro-Cap ETF by 34.7% in the first quarter. Texas Yale Capital Corp. now owns 17,647 shares of the exchange traded fund’s stock valued at $1,957,000 after acquiring an additional 4,542 shares during the last quarter. Finally, KFA Private Wealth Group LLC bought a new position in shares of iShares Micro-Cap ETF in the first quarter valued at approximately $254,000.

iShares Micro-Cap ETF Price Performance

Shares of IWC opened at $147.86 on Friday. The company has a market capitalization of $975.88 million, a P/E ratio of 15.35 and a beta of 1.11. iShares Micro-Cap ETF has a one year low of $95.25 and a one year high of $161.95. The business’s 50 day simple moving average is $151.53 and its 200-day simple moving average is $136.11.

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.