iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Micro-Cap ETF (NYSEARCA:IWC) shares saw unusually-strong trading volume on Thursday. Approximately 203,785 shares were traded during trading, an increase of 80% from the previous session’s volume of 112,997 shares. The stock last traded at $183.5450 and had previously closed at $184.80.

iShares Micro-Cap ETF Trading Up 0.4%

The business has a 50-day moving average of $193.11 and a two-hundred day moving average of $185.71. The firm has a market cap of $1.35 billion, a P/E ratio of 15.35 and a beta of 1.10.

Institutional Trading of iShares Micro-Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Whittier Trust Co. raised its holdings in iShares Micro-Cap ETF by 168.8% in the 1st quarter. Whittier Trust Co. now owns 323,937 shares of the exchange traded fund’s stock valued at $52,899,000 after buying an additional 203,428 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares Micro-Cap ETF by 10.5% during the 1st quarter. Bank of America Corp DE now owns 235,188 shares of the exchange traded fund’s stock worth $37,538,000 after acquiring an additional 22,376 shares during the last quarter. Corient Private Wealth LLC increased its position in iShares Micro-Cap ETF by 18.5% in the 4th quarter. Corient Private Wealth LLC now owns 177,674 shares of the exchange traded fund’s stock valued at $28,019,000 after acquiring an additional 27,768 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in iShares Micro-Cap ETF by 134.6% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 164,721 shares of the exchange traded fund’s stock valued at $26,899,000 after acquiring an additional 94,500 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of iShares Micro-Cap ETF by 14.3% during the first quarter. Cetera Investment Advisers now owns 108,219 shares of the exchange traded fund’s stock valued at $17,273,000 after acquiring an additional 13,520 shares during the last quarter.

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.