Sentinel Trust Co. LBA trimmed its position in iShares Micro-Cap ETF (NYSEARCA:IWC – Free Report) by 10.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,956 shares of the exchange traded fund’s stock after selling 6,304 shares during the quarter. iShares Micro-Cap ETF makes up 0.8% of Sentinel Trust Co. LBA’s portfolio, making the stock its 22nd biggest position. Sentinel Trust Co. LBA owned 0.80% of iShares Micro-Cap ETF worth $7,895,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Flow Traders U.S. LLC bought a new stake in shares of iShares Micro-Cap ETF during the second quarter worth approximately $593,000. Acropolis Investment Management LLC acquired a new stake in iShares Micro-Cap ETF during the 3rd quarter worth $671,000. Focus Financial Network Inc. bought a new stake in shares of iShares Micro-Cap ETF during the 3rd quarter valued at $1,099,000. Concurrent Investment Advisors LLC bought a new stake in shares of iShares Micro-Cap ETF during the 3rd quarter valued at $891,000. Finally, Endowment Wealth Management Inc. lifted its stake in shares of iShares Micro-Cap ETF by 15.0% in the 2nd quarter. Endowment Wealth Management Inc. now owns 13,306 shares of the exchange traded fund’s stock valued at $1,699,000 after purchasing an additional 1,735 shares during the period.
iShares Micro-Cap ETF Stock Down 1.8%
NYSEARCA:IWC opened at $166.88 on Friday. iShares Micro-Cap ETF has a 12-month low of $95.25 and a 12-month high of $176.74. The stock’s fifty day simple moving average is $163.32 and its 200-day simple moving average is $151.53. The firm has a market capitalization of $1.27 billion, a P/E ratio of 15.35 and a beta of 1.11.
About iShares Micro-Cap ETF
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.
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