iShares Micro-Cap ETF (NYSEARCA:IWC) Hits New 52-Week High – Here’s What Happened

iShares Micro-Cap ETF (NYSEARCA:IWC)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $190.52 and last traded at $189.25, with a volume of 3208 shares changing hands. The stock had previously closed at $186.76.

iShares Micro-Cap ETF Stock Up 0.6%

The firm has a 50 day moving average price of $174.21 and a two-hundred day moving average price of $166.75. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 15.35 and a beta of 1.09.

Institutional Trading of iShares Micro-Cap ETF

Several large investors have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its stake in shares of iShares Micro-Cap ETF by 7.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 954 shares of the exchange traded fund’s stock valued at $150,000 after acquiring an additional 63 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of 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 acquiring an additional 90 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of iShares Micro-Cap ETF by 0.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 16,571 shares of the exchange traded fund’s stock valued at $2,613,000 after acquiring an additional 91 shares in the last quarter. Factor Wealth Management LTD grew its stake in shares of iShares Micro-Cap ETF by 4.8% during the first quarter. Factor Wealth Management LTD now owns 2,051 shares of the exchange traded fund’s stock valued at $327,000 after acquiring an additional 94 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of iShares Micro-Cap ETF by 1.7% during the third quarter. Raymond James Financial Inc. now owns 5,795 shares of the exchange traded fund’s stock valued at $864,000 after acquiring an additional 96 shares in 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.