iShares Micro-Cap ETF (NYSEARCA:IWC) Sets New 12-Month Low – What’s Next?

iShares Micro-Cap ETF (NYSEARCA:IWC) shares reached a new 52-week low on Thursday . The company traded as low as $104.72 and last traded at $104.89, with a volume of 22281 shares. The stock had previously closed at $112.44.

iShares Micro-Cap ETF Price Performance

The stock’s 50 day moving average is $121.80 and its two-hundred day moving average is $126.81. The firm has a market cap of $725.18 million, a P/E ratio of 13.64 and a beta of 1.17.

Institutional Trading of iShares Micro-Cap ETF

Several large investors have recently added to or reduced their stakes in IWC. Parkworth Wealth Management Inc. bought a new position in shares of iShares Micro-Cap ETF in the 4th quarter valued at about $25,000. Bessemer Group Inc. bought a new position in iShares Micro-Cap ETF during the fourth quarter worth about $32,000. Synergy Investment Management LLC acquired a new position in shares of iShares Micro-Cap ETF during the 4th quarter worth about $51,000. Comerica Bank increased its stake in shares of iShares Micro-Cap ETF by 38.7% in the 4th quarter. Comerica Bank now owns 573 shares of the exchange traded fund’s stock valued at $75,000 after acquiring an additional 160 shares during the last quarter. Finally, National Bank of Canada FI raised its position in shares of iShares Micro-Cap ETF by 18.3% in the 4th quarter. National Bank of Canada FI now owns 575 shares of the exchange traded fund’s stock valued at $75,000 after acquiring an additional 89 shares during the period.

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.