iShares Micro-Cap ETF $IWC Stake Reduced by Focus Financial Network Inc.

Focus Financial Network Inc. decreased its position in iShares Micro-Cap ETF (NYSEARCA:IWC) by 52.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,531 shares of the exchange traded fund’s stock after selling 3,839 shares during the period. Focus Financial Network Inc.’s holdings in iShares Micro-Cap ETF were worth $557,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. MAI Capital Management grew its holdings in iShares Micro-Cap ETF by 37.4% during the second quarter. MAI Capital Management now owns 647 shares of the exchange traded fund’s stock worth $83,000 after acquiring an additional 176 shares during the period. Mather Group LLC. acquired a new position in shares of iShares Micro-Cap ETF in the third quarter worth $95,000. Advisory Services Network LLC bought a new position in iShares Micro-Cap ETF during the third quarter valued at approximately $160,000. Annandale Capital LLC bought a new position in iShares Micro-Cap ETF during the second quarter valued at about $204,000. Finally, Kingsview Wealth Management LLC bought a new position in shares of iShares Micro-Cap ETF in the third quarter valued at approximately $204,000.

iShares Micro-Cap ETF Stock Performance

NYSEARCA IWC opened at $156.63 on Friday. The stock has a market capitalization of $1.21 billion, a PE ratio of 15.35 and a beta of 1.11. iShares Micro-Cap ETF has a twelve month low of $95.25 and a twelve month high of $176.74. The stock has a 50-day simple moving average of $166.38 and a 200 day simple moving average of $159.32.

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.