iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Unusually-High Trading Volume – Here’s Why

iShares Micro-Cap ETF (NYSEARCA:IWC) shares saw strong trading volume on Thursday . 65,396 shares traded hands during trading, an increase of 72% from the previous session’s volume of 37,911 shares.The stock last traded at $131.43 and had previously closed at $130.38.

iShares Micro-Cap ETF Trading Up 2.2 %

The firm has a market capitalization of $980.93 million, a price-to-earnings ratio of 10.47 and a beta of 1.21. The stock’s fifty day moving average price is $132.75 and its two-hundred day moving average price is $124.84.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IWC. Bristlecone Advisors LLC acquired a new position in iShares Micro-Cap ETF in the third quarter valued at approximately $46,000. Aptus Capital Advisors LLC boosted its holdings in shares of iShares Micro-Cap ETF by 139.5% in the 3rd quarter. Aptus Capital Advisors LLC now owns 412 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 240 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of iShares Micro-Cap ETF in the 3rd quarter valued at $105,000. Joel Isaacson & Co. LLC acquired a new stake in iShares Micro-Cap ETF during the 3rd quarter worth $211,000. Finally, Tilson Financial Group Inc. purchased a new stake in iShares Micro-Cap ETF in the third quarter valued at $212,000.

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.