Goldstone Financial Group LLC Takes $639,000 Position in iShares Micro-Cap ETF $IWC

Goldstone Financial Group LLC bought a new position in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 4,289 shares of the exchange traded fund’s stock, valued at approximately $639,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. bought a new stake in iShares Micro-Cap ETF during the 1st quarter worth about $46,000. MAI Capital Management grew its holdings in shares of 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 valued at $52,000 after acquiring an additional 93 shares in the last quarter. Focus Partners Advisor Solutions LLC increased its position in shares of iShares Micro-Cap ETF by 17.5% in the first quarter. Focus Partners Advisor Solutions LLC now owns 4,671 shares of the exchange traded fund’s stock valued at $518,000 after acquiring an additional 694 shares during the last quarter. AQR Capital Management LLC raised its holdings in iShares Micro-Cap ETF by 3.2% during the first quarter. AQR Capital Management LLC now owns 5,607 shares of the exchange traded fund’s stock worth $622,000 after acquiring an additional 176 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in iShares Micro-Cap ETF by 37.2% during the first quarter. Goldman Sachs Group Inc. now owns 19,016 shares of the exchange traded fund’s stock worth $2,109,000 after acquiring an additional 5,152 shares in the last quarter.

iShares Micro-Cap ETF Stock Performance

Shares of NYSEARCA IWC opened at $159.61 on Tuesday. The stock has a 50 day moving average price of $156.05 and a 200 day moving average price of $145.15. The stock has a market capitalization of $1.05 billion, a PE ratio of 15.35 and a beta of 1.11. iShares Micro-Cap ETF has a 52 week low of $95.25 and a 52 week high of $166.98.

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. 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.