Dumont & Blake Investment Advisors LLC Cuts Stock Holdings in iShares Micro-Cap ETF (NYSEARCA:IWC)

Dumont & Blake Investment Advisors LLC lessened its holdings in iShares Micro-Cap ETF (NYSEARCA:IWC) by 50.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,268 shares of the exchange traded fund’s stock after selling 41,487 shares during the quarter. iShares Micro-Cap ETF accounts for about 1.4% of Dumont & Blake Investment Advisors LLC’s holdings, making the stock its 13th biggest position. Dumont & Blake Investment Advisors LLC owned approximately 0.56% of iShares Micro-Cap ETF worth $5,089,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Wealthcare Advisory Partners LLC purchased a new position in iShares Micro-Cap ETF in the first quarter worth $241,000. Founders Financial Securities LLC increased its holdings in shares of iShares Micro-Cap ETF by 7.6% in the 1st quarter. Founders Financial Securities LLC now owns 4,343 shares of the exchange traded fund’s stock valued at $526,000 after purchasing an additional 306 shares in the last quarter. Compass Ion Advisors LLC lifted its stake in shares of iShares Micro-Cap ETF by 2.6% in the first quarter. Compass Ion Advisors LLC now owns 4,097 shares of the exchange traded fund’s stock valued at $497,000 after purchasing an additional 102 shares during the period. Mutual of America Capital Management LLC boosted its holdings in iShares Micro-Cap ETF by 4.1% during the first quarter. Mutual of America Capital Management LLC now owns 47,116 shares of the exchange traded fund’s stock worth $5,710,000 after buying an additional 1,860 shares in the last quarter. Finally, Endowment Wealth Management Inc. grew its position in iShares Micro-Cap ETF by 14.3% during the first quarter. Endowment Wealth Management Inc. now owns 6,308 shares of the exchange traded fund’s stock worth $765,000 after buying an additional 791 shares during the period.

iShares Micro-Cap ETF Price Performance

iShares Micro-Cap ETF stock traded down $0.17 during mid-day trading on Friday, reaching $124.65. The company had a trading volume of 38,920 shares, compared to its average volume of 38,374. The stock’s 50-day simple moving average is $122.63 and its 200-day simple moving average is $118.78. iShares Micro-Cap ETF has a 1 year low of $90.70 and a 1 year high of $130.75. The company has a market capitalization of $916.18 million, a P/E ratio of 10.47 and a beta of 1.21.

iShares Micro-Cap ETF Company 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.