Capstone Wealth Management Group LLC Takes $2.38 Million Position in iShares Micro-Cap ETF $IWC

Capstone Wealth Management Group LLC purchased a new position in iShares Micro-Cap ETF (NYSEARCA:IWC) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 14,930 shares of the exchange traded fund’s stock, valued at approximately $2,383,000. iShares Micro-Cap ETF makes up 1.0% of Capstone Wealth Management Group LLC’s portfolio, making the stock its 25th largest position. Capstone Wealth Management Group LLC owned approximately 0.20% of iShares Micro-Cap ETF as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Sage Rhino Capital LLC lifted its stake in shares of iShares Micro-Cap ETF by 85.5% in the 1st quarter. Sage Rhino Capital LLC now owns 3,075 shares of the exchange traded fund’s stock valued at $491,000 after purchasing an additional 1,417 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in shares of iShares Micro-Cap ETF by 134.6% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 164,721 shares of the exchange traded fund’s stock valued at $26,899,000 after purchasing an additional 94,500 shares during the last quarter. Whittier Trust Co. increased its position in shares of iShares Micro-Cap ETF by 168.8% during the 1st quarter. Whittier Trust Co. now owns 323,937 shares of the exchange traded fund’s stock valued at $52,899,000 after purchasing an additional 203,428 shares during the last quarter. Harbor Investment Advisory LLC raised its holdings in iShares Micro-Cap ETF by 325.0% during the 1st quarter. Harbor Investment Advisory LLC now owns 170 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 130 shares during the period. Finally, Janney Montgomery Scott LLC purchased a new stake in iShares Micro-Cap ETF during the 1st quarter valued at $327,000.

iShares Micro-Cap ETF Stock Down 1.2%

Shares of IWC opened at $196.31 on Wednesday. The company has a market cap of $1.49 billion, a PE ratio of 15.35 and a beta of 1.09. The business has a fifty day moving average of $188.35 and a 200 day moving average of $174.21. iShares Micro-Cap ETF has a 52-week low of $126.19 and a 52-week high of $203.28.

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.