Level Financial Advisors Sells 389 Shares of iShares Micro-Cap ETF (NYSEARCA:IWC)

Level Financial Advisors lessened its holdings in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 3.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,067 shares of the exchange traded fund’s stock after selling 389 shares during the period. Level Financial Advisors’ holdings in iShares Micro-Cap ETF were worth $1,462,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Corient Private Wealth LLC boosted its stake in iShares Micro-Cap ETF by 1.3% in the 4th quarter. Corient Private Wealth LLC now owns 237,158 shares of the exchange traded fund’s stock worth $27,517,000 after purchasing an additional 2,961 shares in the last quarter. Alesco Advisors LLC boosted its stake in iShares Micro-Cap ETF by 4.2% in the 4th quarter. Alesco Advisors LLC now owns 179,920 shares of the exchange traded fund’s stock worth $20,876,000 after purchasing an additional 7,252 shares in the last quarter. Halbert Hargrove Global Advisors LLC boosted its stake in iShares Micro-Cap ETF by 8.9% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 120,336 shares of the exchange traded fund’s stock worth $13,963,000 after purchasing an additional 9,859 shares in the last quarter. Wells Fargo & Company MN boosted its stake in iShares Micro-Cap ETF by 4.4% in the 4th quarter. Wells Fargo & Company MN now owns 83,273 shares of the exchange traded fund’s stock worth $9,662,000 after purchasing an additional 3,494 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. bought a new position in iShares Micro-Cap ETF in the 3rd quarter worth about $5,211,000.

iShares Micro-Cap ETF Price Performance

iShares Micro-Cap ETF stock traded up $0.02 during mid-day trading on Thursday, reaching $113.01. The stock had a trading volume of 8,315 shares, compared to its average volume of 30,333. The company has a market capitalization of $830.62 million, a price-to-earnings ratio of 10.47 and a beta of 1.21. The company has a 50-day moving average price of $115.36 and a two-hundred day moving average price of $115.16. iShares Micro-Cap ETF has a one year low of $90.70 and a one year high of $121.61.

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.