iShares Micro-Cap ETF (NYSEARCA:IWC) Hits New 52-Week High – Here’s What Happened

iShares Micro-Cap ETF (NYSEARCA:IWC)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $190.52 and last traded at $189.25, with a volume of 3208 shares changing hands. The stock had previously closed at $186.76.

iShares Micro-Cap ETF Stock Performance

The company’s 50 day moving average price is $173.01 and its 200 day moving average price is $166.18. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 15.35 and a beta of 1.09.

Institutional Investors Weigh In On iShares Micro-Cap ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Signaturefd LLC acquired a new stake in shares of iShares Micro-Cap ETF in the 4th quarter valued at $27,000. Harbor Investment Advisory LLC lifted its position in iShares Micro-Cap ETF by 325.0% during the 1st quarter. Harbor Investment Advisory LLC now owns 170 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 130 shares in the last quarter. International Assets Investment Management LLC acquired a new position in iShares Micro-Cap ETF during the 4th quarter worth about $32,000. Frazier Financial Advisors LLC lifted its position in iShares Micro-Cap ETF by 104.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 202 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 103 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in iShares Micro-Cap ETF during the 4th quarter worth about $39,000.

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. 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.