iShares Micro-Cap ETF (NYSEARCA:IWC) Sets New 52-Week High – Here’s What Happened

by · The Markets Daily

Shares of iShares Micro-Cap ETF (NYSEARCA:IWC – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $172.75 and last traded at $171.9570, with a volume of 79494 shares trading hands. The stock had previously closed at $169.69.

iShares Micro-Cap ETF Trading Up 1.6%

The stock has a market cap of $1.28 billion, a PE ratio of 15.35 and a beta of 1.11. The company’s 50 day moving average is $159.49 and its 200-day moving average is $149.48.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC grew its stake in iShares Micro-Cap ETF by 3.2% during the 1st quarter. AQR Capital Management LLC now owns 5,607 shares of the exchange traded fund’s stock valued at $622,000 after purchasing an additional 176 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of iShares Micro-Cap ETF by 37.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 19,016 shares of the exchange traded fund’s stock valued at $2,109,000 after buying an additional 5,152 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares Micro-Cap ETF during the first quarter worth approximately $2,441,000. Focus Partners Wealth increased its stake in shares of iShares Micro-Cap ETF by 6.7% in the first quarter. Focus Partners Wealth now owns 5,036 shares of the exchange traded fund’s stock worth $559,000 after buying an additional 318 shares during the last quarter. Finally, LVZ Inc. acquired a new stake in iShares Micro-Cap ETF in the second quarter valued at $1,869,000.

About iShares Micro-Cap ETF

(Get Free Report)

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.

Further Reading