iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Strong Trading Volume – What’s Next?

iShares Micro-Cap ETF (NYSEARCA:IWC) saw strong trading volume on Monday . 48,790 shares were traded during trading, an increase of 46% from the previous session’s volume of 33,498 shares.The stock last traded at $128.99 and had previously closed at $130.00.

iShares Micro-Cap ETF Stock Performance

The company has a market capitalization of $975.42 million, a PE ratio of 10.47 and a beta of 1.21. The stock’s 50 day moving average is $132.08 and its 200 day moving average is $127.05.

Institutional Trading of iShares Micro-Cap ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IWC. Stifel Financial Corp grew its holdings in shares of iShares Micro-Cap ETF by 41.1% during the 3rd quarter. Stifel Financial Corp now owns 21,335 shares of the exchange traded fund’s stock valued at $2,632,000 after purchasing an additional 6,217 shares during the last quarter. HighTower Advisors LLC boosted its position in iShares Micro-Cap ETF by 33.8% during the 3rd quarter. HighTower Advisors LLC now owns 19,060 shares of the exchange traded fund’s stock valued at $2,341,000 after buying an additional 4,812 shares during the period. Heck Capital Advisors LLC purchased a new stake in iShares Micro-Cap ETF during the 4th quarter valued at $3,745,000. Joel Isaacson & Co. LLC purchased a new stake in iShares Micro-Cap ETF during the 3rd quarter valued at $211,000. Finally, Capstone Investment Advisors LLC purchased a new stake in shares of iShares Micro-Cap ETF in the 3rd quarter worth about $987,000.

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.