Geneos Wealth Management Inc. Lowers Stock Holdings in iShares Micro-Cap ETF $IWC

Geneos Wealth Management Inc. lessened its stake in iShares Micro-Cap ETF (NYSEARCA:IWC) by 94.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 754 shares of the exchange traded fund’s stock after selling 12,387 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Micro-Cap ETF were worth $120,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its position in iShares Micro-Cap ETF by 7.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 954 shares of the exchange traded fund’s stock worth $150,000 after acquiring an additional 63 shares during the period. Harbour Investments Inc. increased its holdings in shares of iShares Micro-Cap ETF by 46.4% in the fourth quarter. Harbour Investments Inc. now owns 284 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 90 shares during the period. O Shaughnessy Asset Management LLC increased its holdings in shares of iShares Micro-Cap ETF by 0.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 16,571 shares of the exchange traded fund’s stock valued at $2,613,000 after purchasing an additional 91 shares during the period. Factor Wealth Management LTD raised its stake in shares of iShares Micro-Cap ETF by 4.8% during the first quarter. Factor Wealth Management LTD now owns 2,051 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 94 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of iShares Micro-Cap ETF by 1.7% during the third quarter. Raymond James Financial Inc. now owns 5,795 shares of the exchange traded fund’s stock worth $864,000 after purchasing an additional 96 shares during the last quarter.

iShares Micro-Cap ETF Price Performance

Shares of NYSEARCA IWC opened at $190.13 on Thursday. The stock has a fifty day moving average price of $190.58 and a 200 day moving average price of $176.75. iShares Micro-Cap ETF has a 1-year low of $126.19 and a 1-year high of $203.28. The company has a market cap of $1.45 billion, a PE ratio of 15.35 and a beta of 1.09.

iShares Micro-Cap ETF Profile

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. The Index is a float-adjusted capitalization-weighted index and includes equity securities issued by issuers with total market capitalizations ranging from approximately $50 million to $550 million, though these amounts may change from time to time.