Optivise Advisory Services LLC Invests $1.38 Million in iShares Micro-Cap ETF $IWC

Optivise Advisory Services LLC acquired a new position in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 9,265 shares of the exchange traded fund’s stock, valued at approximately $1,381,000.

Other hedge funds have also recently added to or reduced their stakes in the company. MAI Capital Management increased its position in iShares Micro-Cap ETF by 24.6% in the 1st quarter. MAI Capital Management now owns 471 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 93 shares during the period. Founders Financial Securities LLC grew its stake in shares of iShares Micro-Cap ETF by 2.9% in the third quarter. Founders Financial Securities LLC now owns 3,411 shares of the exchange traded fund’s stock worth $508,000 after acquiring an additional 95 shares during the last quarter. World Investment Advisors raised its stake in iShares Micro-Cap ETF by 5.1% during the 2nd quarter. World Investment Advisors now owns 2,050 shares of the exchange traded fund’s stock valued at $262,000 after purchasing an additional 100 shares during the last quarter. Dumont & Blake Investment Advisors LLC grew its position in iShares Micro-Cap ETF by 0.3% in the 2nd quarter. Dumont & Blake Investment Advisors LLC now owns 41,306 shares of the exchange traded fund’s stock worth $5,273,000 after purchasing an additional 108 shares during the last quarter. Finally, Physician Wealth Advisors Inc. increased its holdings in shares of iShares Micro-Cap ETF by 1.3% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 8,970 shares of the exchange traded fund’s stock worth $1,145,000 after purchasing an additional 114 shares during the period.

iShares Micro-Cap ETF Stock Down 1.0%

IWC stock opened at $160.68 on Monday. The business’s 50-day simple moving average is $156.01 and its 200 day simple moving average is $144.91. The company has a market cap of $1.06 billion, a PE ratio of 15.35 and a beta of 1.11. iShares Micro-Cap ETF has a twelve month low of $95.25 and a twelve month high of $166.98.

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. 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.