iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Unusually-High Trading Volume

iShares Micro-Cap ETF (NYSEARCA:IWC) saw an uptick in trading volume on Tuesday . 60,754 shares were traded during mid-day trading, an increase of 51% from the previous session’s volume of 40,365 shares.The stock last traded at $120.62 and had previously closed at $124.05.

iShares Micro-Cap ETF Stock Performance

The company has a market cap of $881.85 million, a PE ratio of 10.47 and a beta of 1.21. The business’s 50-day moving average is $119.81 and its 200 day moving average is $117.45.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. CWM LLC increased its stake in iShares Micro-Cap ETF by 45.5% in the 2nd quarter. CWM LLC now owns 326 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 102 shares during the period. Mather Group LLC. bought a new stake in iShares Micro-Cap ETF during the 1st quarter valued at $74,000. Godsey & Gibb Inc. purchased a new stake in iShares Micro-Cap ETF during the 1st quarter valued at $82,000. Frazier Financial Advisors LLC bought a new stake in iShares Micro-Cap ETF in the 4th quarter worth $102,000. Finally, First Horizon Advisors Inc. grew its holdings in iShares Micro-Cap ETF by 11.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,707 shares of the exchange traded fund’s stock worth $195,000 after acquiring an additional 175 shares during the last quarter.

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.