Halbert Hargrove Global Advisors LLC Reduces Holdings in iShares Micro-Cap ETF (NYSEARCA:IWC)

Halbert Hargrove Global Advisors LLC trimmed its stake in iShares Micro-Cap ETF (NYSEARCA:IWC) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 97,464 shares of the exchange traded fund’s stock after selling 3,277 shares during the period. iShares Micro-Cap ETF accounts for about 0.7% of Halbert Hargrove Global Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Halbert Hargrove Global Advisors LLC owned about 1.33% of iShares Micro-Cap ETF worth $12,707,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Stifel Financial Corp grew its holdings in iShares Micro-Cap ETF by 41.1% in the third quarter. Stifel Financial Corp now owns 21,335 shares of the exchange traded fund’s stock worth $2,632,000 after purchasing an additional 6,217 shares during the period. Allworth Financial LP boosted its position in shares of iShares Micro-Cap ETF by 284.3% in the 4th quarter. Allworth Financial LP now owns 5,453 shares of the exchange traded fund’s stock worth $718,000 after purchasing an additional 4,034 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of iShares Micro-Cap ETF by 33.8% in the 3rd quarter. HighTower Advisors LLC now owns 19,060 shares of the exchange traded fund’s stock worth $2,341,000 after buying an additional 4,812 shares during the last quarter. Heck Capital Advisors LLC bought a new position in iShares Micro-Cap ETF during the 4th quarter valued at approximately $3,745,000. Finally, Capstone Investment Advisors LLC purchased a new position in iShares Micro-Cap ETF during the third quarter valued at $987,000.

iShares Micro-Cap ETF Trading Up 1.3 %

iShares Micro-Cap ETF stock opened at $123.18 on Friday. iShares Micro-Cap ETF has a 12 month low of $108.90 and a 12 month high of $139.98. The company has a market capitalization of $899.21 million, a price-to-earnings ratio of 14.80 and a beta of 1.15. The business’s fifty day simple moving average is $129.64 and its two-hundred day simple moving average is $127.87.

iShares Micro-Cap ETF 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.