Ocean Park Asset Management LLC Makes New $453,000 Investment in iShares Micro-Cap ETF $IWC

Ocean Park Asset Management LLC bought a new stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,837 shares of the exchange traded fund’s stock, valued at approximately $453,000.

A number of other institutional investors have also recently made changes to their positions in IWC. AQR Capital Management LLC raised its holdings in shares of iShares Micro-Cap ETF by 3.2% during the first quarter. AQR Capital Management LLC now owns 5,607 shares of the exchange traded fund’s stock valued at $622,000 after purchasing an additional 176 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in iShares Micro-Cap ETF by 37.2% in the first quarter. Goldman Sachs Group Inc. now owns 19,016 shares of the exchange traded fund’s stock worth $2,109,000 after purchasing an additional 5,152 shares during the last quarter. Jane Street Group LLC purchased a new stake in iShares Micro-Cap ETF in the first quarter worth approximately $2,441,000. Focus Partners Wealth grew its position in iShares Micro-Cap ETF by 6.7% in the 1st quarter. Focus Partners Wealth now owns 5,036 shares of the exchange traded fund’s stock worth $559,000 after purchasing an additional 318 shares during the period. Finally, Cerity Partners LLC bought a new stake in iShares Micro-Cap ETF in the 2nd quarter worth approximately $207,000.

iShares Micro-Cap ETF Trading Up 0.8%

Shares of IWC opened at $193.71 on Tuesday. The firm has a fifty day simple moving average of $184.12 and a two-hundred day simple moving average of $171.53. The firm has a market cap of $1.47 billion, a PE ratio of 15.35 and a beta of 1.10. iShares Micro-Cap ETF has a 1-year low of $121.21 and a 1-year high of $195.31.

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.