iShares Micro-Cap ETF (NYSEARCA:IWC) Reaches New 52-Week High – Here’s Why

Posted by Alanna Baker on Nov 27th, 2024

iShares Micro-Cap ETF (NYSEARCA:IWC – Get Free Report) hit a new 52-week high on Monday . The company traded as high as $138.78 and last traded at $138.78, with a volume of 6279 shares trading hands. The stock had previously closed at $135.74.

iShares Micro-Cap ETF Stock Performance

The firm has a fifty day simple moving average of $127.08 and a 200-day simple moving average of $121.55. The company has a market capitalization of $1.01 billion, a PE ratio of 10.47 and a beta of 1.21.

Institutional Investors Weigh In On iShares Micro-Cap ETF

Institutional investors have recently modified their holdings of the stock. CWM LLC boosted its holdings in iShares Micro-Cap ETF by 45.5% in the second quarter. CWM LLC now owns 326 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 102 shares during the period. Bristlecone Advisors LLC acquired a new position in shares of iShares Micro-Cap ETF in the 3rd quarter valued at about $46,000. Aptus Capital Advisors LLC boosted its holdings in shares of iShares Micro-Cap ETF by 139.5% in the 3rd quarter. Aptus Capital Advisors LLC now owns 412 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 240 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of iShares Micro-Cap ETF during the 3rd quarter valued at about $105,000. Finally, First Horizon Advisors Inc. raised its stake in iShares Micro-Cap ETF by 11.4% during the second quarter. First Horizon Advisors Inc. now owns 1,707 shares of the exchange traded fund’s stock worth $195,000 after acquiring an additional 175 shares during the period.

iShares Micro-Cap ETF Company Profile

(Get Free Report)

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.