Founders Financial Securities LLC Boosts Stake in iShares Micro-Cap ETF (NYSEARCA:IWC)

Founders Financial Securities LLC grew its stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 7.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,343 shares of the exchange traded fund’s stock after buying an additional 306 shares during the period. Founders Financial Securities LLC owned 0.06% of iShares Micro-Cap ETF worth $526,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. acquired a new position in iShares Micro-Cap ETF in the 3rd quarter valued at about $5,211,000. Lido Advisors LLC raised its position in shares of iShares Micro-Cap ETF by 71.8% in the third quarter. Lido Advisors LLC now owns 5,085 shares of the exchange traded fund’s stock valued at $509,000 after buying an additional 2,125 shares during the last quarter. Doliver Advisors LP purchased a new position in shares of iShares Micro-Cap ETF during the fourth quarter valued at approximately $319,000. Peoples Bank KS boosted its position in iShares Micro-Cap ETF by 28.5% during the fourth quarter. Peoples Bank KS now owns 5,140 shares of the exchange traded fund’s stock worth $596,000 after acquiring an additional 1,140 shares during the last quarter. Finally, Mutual Advisors LLC grew its stake in iShares Micro-Cap ETF by 9.8% in the 4th quarter. Mutual Advisors LLC now owns 2,294 shares of the exchange traded fund’s stock worth $266,000 after acquiring an additional 205 shares during the period.

iShares Micro-Cap ETF Price Performance

IWC traded up $1.25 during trading on Friday, hitting $114.00. The company’s stock had a trading volume of 40,603 shares, compared to its average volume of 30,626. iShares Micro-Cap ETF has a twelve month low of $90.70 and a twelve month high of $121.61. The firm’s 50 day moving average price is $115.32 and its 200-day moving average price is $115.13. The stock has a market cap of $837.90 million, a PE ratio of 10.47 and a beta of 1.21.

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.