NewEdge Advisors LLC Purchases 10,667 Shares of iShares Micro-Cap ETF $IWC

NewEdge Advisors LLC lifted its position in iShares Micro-Cap ETF (NYSEARCA:IWC) by 523.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 12,703 shares of the exchange traded fund’s stock after purchasing an additional 10,667 shares during the quarter. NewEdge Advisors LLC owned 0.17% of iShares Micro-Cap ETF worth $2,028,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Mullaney Keating & Wright Inc. lifted its holdings in iShares Micro-Cap ETF by 42.7% during the 1st quarter. Mullaney Keating & Wright Inc. now owns 2,706 shares of the exchange traded fund’s stock valued at $432,000 after purchasing an additional 810 shares during the last quarter. Bank of America Corp DE grew its stake in iShares Micro-Cap ETF by 10.5% during the first quarter. Bank of America Corp DE now owns 235,188 shares of the exchange traded fund’s stock worth $37,538,000 after buying an additional 22,376 shares during the last quarter. Genesis Financial Group LLC grew its stake in iShares Micro-Cap ETF by 158.3% during the first quarter. Genesis Financial Group LLC now owns 11,300 shares of the exchange traded fund’s stock worth $1,804,000 after buying an additional 6,925 shares during the last quarter. Arkadios Wealth Advisors bought a new stake in iShares Micro-Cap ETF during the first quarter worth about $213,000. Finally, Royal Bank of Canada increased its holdings in shares of iShares Micro-Cap ETF by 8.2% during the first quarter. Royal Bank of Canada now owns 32,666 shares of the exchange traded fund’s stock worth $5,214,000 after buying an additional 2,487 shares in the last quarter.

iShares Micro-Cap ETF Trading Up 0.8%

NYSEARCA:IWC opened at $200.89 on Friday. iShares Micro-Cap ETF has a 1 year low of $134.17 and a 1 year high of $203.28. The firm has a 50 day moving average of $192.99 and a 200-day moving average of $179.77. The stock has a market capitalization of $1.54 billion, a P/E ratio of 15.35 and a beta of 1.10.

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. 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.