Stratos Wealth Advisors LLC Makes New Investment in iShares Micro-Cap ETF $IWC

Stratos Wealth Advisors LLC acquired a new stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,805 shares of the exchange traded fund’s stock, valued at approximately $716,000.

Other hedge funds have also recently modified their holdings of the company. Mather Group LLC. purchased a new stake in shares of iShares Micro-Cap ETF in the 3rd quarter worth about $95,000. MAI Capital Management boosted its stake in iShares Micro-Cap ETF by 37.4% during the second quarter. MAI Capital Management now owns 647 shares of the exchange traded fund’s stock worth $83,000 after acquiring an additional 176 shares in the last quarter. Ballentine Capital Advisors Inc purchased a new stake in iShares Micro-Cap ETF in the third quarter worth about $212,000. TFB Advisors LLC purchased a new stake in iShares Micro-Cap ETF in the third quarter worth about $226,000. Finally, Eagle Global Advisors LLC bought a new position in shares of iShares Micro-Cap ETF during the third quarter valued at approximately $216,000.

iShares Micro-Cap ETF Stock Performance

IWC stock opened at $166.03 on Friday. The firm has a 50 day moving average price of $165.59 and a 200-day moving average price of $153.72. iShares Micro-Cap ETF has a 52-week low of $95.25 and a 52-week high of $176.74. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 15.35 and a beta of 1.11.

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.