iShares Micro-Cap ETF $IWC Shares Sold by Alesco Advisors LLC

Alesco Advisors LLC lowered its stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 12.6% during the third quarter, Holdings Channel reports. The institutional investor owned 41,453 shares of the exchange traded fund’s stock after selling 5,999 shares during the period. Alesco Advisors LLC’s holdings in iShares Micro-Cap ETF were worth $6,180,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of iShares Micro-Cap ETF by 28.1% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 146,444 shares of the exchange traded fund’s stock valued at $18,695,000 after acquiring an additional 32,082 shares during the period. TABR Capital Management LLC purchased a new position in iShares Micro-Cap ETF in the 3rd quarter valued at approximately $19,203,000. Chicago Partners Investment Group LLC raised its holdings in iShares Micro-Cap ETF by 0.9% during the second quarter. Chicago Partners Investment Group LLC now owns 89,990 shares of the exchange traded fund’s stock worth $12,370,000 after purchasing an additional 807 shares during the last quarter. Park Avenue Securities LLC boosted its position in iShares Micro-Cap ETF by 0.7% during the third quarter. Park Avenue Securities LLC now owns 50,974 shares of the exchange traded fund’s stock worth $7,600,000 after purchasing an additional 375 shares in the last quarter. Finally, Norden Group LLC purchased a new stake in iShares Micro-Cap ETF during the third quarter worth $7,047,000.

iShares Micro-Cap ETF Stock Performance

iShares Micro-Cap ETF stock opened at $171.05 on Friday. iShares Micro-Cap ETF has a fifty-two week low of $95.25 and a fifty-two week high of $172.45. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 15.35 and a beta of 1.11. The stock’s fifty day moving average is $158.76 and its two-hundred day moving average is $148.83.

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.