Robinson Value Management Ltd. Invests $1.48 Million in iShares Micro-Cap ETF $IWC

Robinson Value Management Ltd. purchased a new position in iShares Micro-Cap ETF (NYSEARCA:IWC) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,265 shares of the exchange traded fund’s stock, valued at approximately $1,479,000. Robinson Value Management Ltd. owned approximately 0.12% of iShares Micro-Cap ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Signaturefd LLC bought a new stake in iShares Micro-Cap ETF during the 4th quarter valued at about $27,000. Harbor Investment Advisory LLC lifted its stake in shares of iShares Micro-Cap ETF by 325.0% in the first 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 bought a new position in shares of iShares Micro-Cap ETF in the fourth quarter worth approximately $32,000. Frazier Financial Advisors LLC grew its holdings in shares of iShares Micro-Cap ETF by 104.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 202 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 103 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares Micro-Cap ETF during the fourth quarter valued at approximately $39,000.

iShares Micro-Cap ETF Stock Up 0.0%

Shares of IWC opened at $193.98 on Thursday. iShares Micro-Cap ETF has a twelve month low of $126.19 and a twelve month high of $203.28. The company has a market capitalization of $1.47 billion, a P/E ratio of 15.35 and a beta of 1.09. The firm has a 50 day moving average of $190.04 and a 200 day moving average of $175.61.

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.