Halbert Hargrove Global Advisors LLC Buys New Shares in iShares Micro-Cap ETF $IWC

Halbert Hargrove Global Advisors LLC purchased a new stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) during the 3rd quarter, Holdings Channel reports. The fund purchased 79,859 shares of the exchange traded fund’s stock, valued at approximately $14,758,000. iShares Micro-Cap ETF makes up 0.6% of Halbert Hargrove Global Advisors LLC’s holdings, making the stock its 14th biggest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ocean Park Asset Management LLC bought a new position in iShares Micro-Cap ETF during the 1st quarter valued at about $453,000. NewEdge Advisors LLC raised its position in iShares Micro-Cap ETF by 523.9% in the 1st quarter. NewEdge Advisors LLC now owns 12,703 shares of the exchange traded fund’s stock worth $2,028,000 after purchasing an additional 10,667 shares during the period. Doliver Advisors LP purchased a new stake in iShares Micro-Cap ETF in the 3rd quarter worth about $578,000. Whittier Trust Co. raised its position 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 worth $52,899,000 after purchasing an additional 203,428 shares during the period. Finally, Lido Advisors LLC raised its position in iShares Micro-Cap ETF by 43.3% in the 1st quarter. Lido Advisors LLC now owns 8,965 shares of the exchange traded fund’s stock worth $1,431,000 after purchasing an additional 2,708 shares during the period.

iShares Micro-Cap ETF Price Performance

Shares of NYSEARCA IWC opened at $177.78 on Friday. The company has a market cap of $1.28 billion, a P/E ratio of 15.35 and a beta of 1.12. iShares Micro-Cap ETF has a 1 year low of $143.74 and a 1 year high of $203.28. The firm has a 50-day simple moving average of $191.24 and a two-hundred day simple moving average of $187.45.

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.