iShares Micro-Cap ETF $IWC Stock Position Raised by Genesis Financial Group LLC

Genesis Financial Group LLC increased its stake in iShares Micro-Cap ETF (NYSEARCA:IWC) by 158.3% during the first quarter, HoldingsChannel.com reports. The fund owned 11,300 shares of the exchange traded fund’s stock after buying an additional 6,925 shares during the period. iShares Micro-Cap ETF makes up approximately 1.1% of Genesis Financial Group LLC’s holdings, making the stock its 23rd biggest position. Genesis Financial Group LLC’s holdings in iShares Micro-Cap ETF were worth $1,804,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. increased its stake in iShares Micro-Cap ETF by 7.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 954 shares of the exchange traded fund’s stock worth $150,000 after purchasing an additional 63 shares in the last quarter. Harbour Investments Inc. lifted its stake in iShares Micro-Cap ETF by 46.4% during the fourth quarter. Harbour Investments Inc. now owns 284 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 90 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in shares of iShares Micro-Cap ETF by 0.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 16,571 shares of the exchange traded fund’s stock worth $2,613,000 after buying an additional 91 shares during the period. Factor Wealth Management LTD boosted its holdings in shares of iShares Micro-Cap ETF by 4.8% in the first quarter. Factor Wealth Management LTD now owns 2,051 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 94 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of iShares Micro-Cap ETF by 1.7% in the third quarter. Raymond James Financial Inc. now owns 5,795 shares of the exchange traded fund’s stock worth $864,000 after buying an additional 96 shares during the period.

iShares Micro-Cap ETF Price Performance

iShares Micro-Cap ETF stock opened at $186.12 on Thursday. iShares Micro-Cap ETF has a fifty-two week low of $126.19 and a fifty-two week high of $203.28. The firm’s 50 day simple moving average is $191.29 and its 200-day simple moving average is $177.66. The company has a market cap of $1.42 billion, a P/E ratio of 15.35 and a beta of 1.09.

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. 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.