Genesis Financial Group LLC Invests $690,000 in iShares Micro-Cap ETF $IWC

Genesis Financial Group LLC acquired a new position in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,375 shares of the exchange traded fund’s stock, valued at approximately $690,000. Genesis Financial Group LLC owned 0.06% of iShares Micro-Cap ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in iShares Micro-Cap ETF in the 3rd quarter worth $95,000. Advisory Services Network LLC bought a new position in iShares Micro-Cap ETF during the 3rd quarter worth about $160,000. Kingsview Wealth Management LLC acquired a new stake in shares of iShares Micro-Cap ETF in the 3rd quarter valued at about $204,000. Ballentine Capital Advisors Inc acquired a new stake in shares of iShares Micro-Cap ETF in the 3rd quarter valued at about $212,000. Finally, TFB Advisors LLC bought a new stake in shares of iShares Micro-Cap ETF in the third quarter valued at about $226,000.

iShares Micro-Cap ETF Price Performance

IWC stock opened at $162.65 on Friday. The stock has a market capitalization of $1.25 billion, a P/E ratio of 15.35 and a beta of 1.11. The business has a 50-day moving average of $165.33 and a 200-day moving average of $159.71. iShares Micro-Cap ETF has a fifty-two week low of $95.25 and a fifty-two week high of $176.74.

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. 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.