World Investment Advisors LLC Decreases Holdings in iShares Micro-Cap ETF (NYSEARCA:IWC)

World Investment Advisors LLC reduced its stake in iShares Micro-Cap ETF (NYSEARCA:IWC) by 6.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,783 shares of the exchange traded fund’s stock after selling 133 shares during the period. World Investment Advisors LLC’s holdings in iShares Micro-Cap ETF were worth $220,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Discipline Wealth Solutions LLC acquired a new stake in iShares Micro-Cap ETF in the third quarter valued at approximately $351,000. EP Wealth Advisors LLC purchased a new position in shares of iShares Micro-Cap ETF in the third quarter valued at $105,000. Stifel Financial Corp grew its holdings in iShares Micro-Cap ETF by 41.1% during the 3rd quarter. Stifel Financial Corp now owns 21,335 shares of the exchange traded fund’s stock valued at $2,632,000 after purchasing an additional 6,217 shares in the last quarter. HighTower Advisors LLC increased its stake in iShares Micro-Cap ETF by 33.8% during the 3rd quarter. HighTower Advisors LLC now owns 19,060 shares of the exchange traded fund’s stock worth $2,341,000 after buying an additional 4,812 shares during the period. Finally, Capstone Investment Advisors LLC acquired a new position in iShares Micro-Cap ETF in the 3rd quarter worth $987,000.

iShares Micro-Cap ETF Price Performance

NYSEARCA:IWC opened at $127.78 on Friday. The firm has a 50-day moving average of $131.54 and a two-hundred day moving average of $123.59. The stock has a market cap of $939.18 million, a P/E ratio of 10.47 and a beta of 1.21. iShares Micro-Cap ETF has a 1-year low of $107.92 and a 1-year high of $139.98.

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.