iShares Micro-Cap ETF (NYSEARCA:IWC) Hits New 1-Year High – Here’s What Happened

Shares of iShares Micro-Cap ETF (NYSEARCA:IWC) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $188.97 and last traded at $188.85, with a volume of 53105 shares changing hands. The stock had previously closed at $185.68.

iShares Micro-Cap ETF Price Performance

The company has a market capitalization of $1.42 billion, a P/E ratio of 15.35 and a beta of 1.09. The firm has a fifty day moving average price of $168.87 and a 200-day moving average price of $163.80.

Hedge Funds Weigh In On iShares Micro-Cap ETF

Several institutional investors have recently modified their holdings of IWC. Signaturefd LLC bought a new position in shares of iShares Micro-Cap ETF in the fourth quarter valued at approximately $27,000. Harbor Investment Advisory LLC grew its holdings in shares of iShares Micro-Cap ETF by 325.0% in the first quarter. Harbor Investment Advisory LLC now owns 170 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 130 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of iShares Micro-Cap ETF in the fourth quarter valued at approximately $32,000. Frazier Financial Advisors LLC grew its holdings in iShares Micro-Cap ETF by 104.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 202 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 103 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new position in iShares Micro-Cap ETF during the fourth quarter valued at $39,000.

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.