Finley Financial LLC Invests $4.41 Million in iShares Micro-Cap ETF (NYSEARCA:IWC)

Finley Financial LLC purchased a new position in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 34,155 shares of the exchange traded fund’s stock, valued at approximately $4,412,000. iShares Micro-Cap ETF accounts for approximately 2.3% of Finley Financial LLC’s investment portfolio, making the stock its 12th biggest position. Finley Financial LLC owned about 0.46% of iShares Micro-Cap ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Stifel Financial Corp increased 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 acquiring an additional 6,217 shares in the last quarter. HighTower Advisors LLC increased its holdings 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 valued at $2,341,000 after acquiring an additional 4,812 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Micro-Cap ETF by 6.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 66,027 shares of the exchange traded fund’s stock valued at $7,527,000 after acquiring an additional 3,865 shares in the last quarter. Joel Isaacson & Co. LLC purchased a new position in iShares Micro-Cap ETF during the 3rd quarter valued at about $211,000. Finally, Capstone Investment Advisors LLC purchased a new stake in shares of iShares Micro-Cap ETF during the third quarter worth about $987,000.

iShares Micro-Cap ETF Price Performance

Shares of NYSEARCA IWC opened at $132.23 on Wednesday. The company has a market cap of $971.89 million, a PE ratio of 10.47 and a beta of 1.21. iShares Micro-Cap ETF has a 12 month low of $108.90 and a 12 month high of $139.98. The company has a 50-day simple moving average of $132.45 and a 200-day simple moving average of $126.39.

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.