iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Micro-Cap ETF (NYSEARCA:IWC) saw an uptick in trading volume on Tuesday. 131,005 shares changed hands during trading, an increase of 7% from the average daily volume of 122,484 shares. The stock last traded at $177.60 and had previously closed at $176.52.

iShares Micro-Cap ETF Trading Up 1.4%

The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 15.35 and a beta of 1.12. The company’s fifty day moving average is $188.10 and its two-hundred day moving average is $181.20.

Institutional Investors Weigh In On iShares Micro-Cap ETF

A number of institutional investors have recently modified their holdings of the company. Whittier Trust Co. raised its holdings in shares of iShares Micro-Cap ETF by 168.8% in the 1st quarter. Whittier Trust Co. now owns 323,937 shares of the exchange traded fund’s stock valued at $52,899,000 after buying an additional 203,428 shares during the period. Bank of America Corp DE boosted its holdings in iShares Micro-Cap ETF by 10.5% during the 1st quarter. Bank of America Corp DE now owns 235,188 shares of the exchange traded fund’s stock valued at $37,538,000 after acquiring an additional 22,376 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its holdings in iShares Micro-Cap ETF by 134.6% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 164,721 shares of the exchange traded fund’s stock valued at $26,899,000 after acquiring an additional 94,500 shares during the period. Cetera Investment Advisers boosted its holdings in iShares Micro-Cap ETF by 14.3% during the 1st quarter. Cetera Investment Advisers now owns 108,219 shares of the exchange traded fund’s stock valued at $17,273,000 after acquiring an additional 13,520 shares during the period. Finally, Chicago Partners Investment Group LLC lifted its position in shares of iShares Micro-Cap ETF by 4.4% during the first quarter. Chicago Partners Investment Group LLC now owns 99,610 shares of the exchange traded fund’s stock worth $15,899,000 after purchasing an additional 4,238 shares in the last quarter.

iShares Micro-Cap ETF Company 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.