Eagle Bay Advisors LLC Reduces Position in iShares Micro-Cap ETF (NYSEARCA:IWC)

Eagle Bay Advisors LLC cut its holdings in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 20.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 390 shares of the exchange traded fund’s stock after selling 98 shares during the period. Eagle Bay Advisors LLC’s holdings in iShares Micro-Cap ETF were worth $48,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC raised its position in shares of iShares Micro-Cap ETF by 45.5% in the second quarter. CWM LLC now owns 326 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 102 shares during the period. First Horizon Advisors Inc. raised its position in shares of iShares Micro-Cap ETF by 11.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,707 shares of the exchange traded fund’s stock worth $195,000 after purchasing an additional 175 shares during the last quarter. Wesbanco Bank Inc. acquired a new position in shares of iShares Micro-Cap ETF during the 3rd quarter worth about $226,000. William Howard & Co Financial Advisors Inc acquired a new position in shares of iShares Micro-Cap ETF during the 1st quarter worth about $230,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of iShares Micro-Cap ETF during the 1st quarter worth about $241,000.

iShares Micro-Cap ETF Stock Performance

Shares of IWC traded down $0.95 during mid-day trading on Wednesday, hitting $125.33. 5,975 shares of the company were exchanged, compared to its average volume of 38,315. iShares Micro-Cap ETF has a 1-year low of $90.70 and a 1-year high of $130.75. The stock has a market cap of $921.18 million, a price-to-earnings ratio of 10.47 and a beta of 1.21. The company has a 50 day moving average of $122.30 and a 200-day moving average of $118.70.

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.