iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares Micro-Cap ETF (NYSEARCA:IWC) saw unusually-high trading volume on Thursday . Approximately 65,396 shares were traded during trading, an increase of 72% from the previous session’s volume of 37,911 shares.The stock last traded at $131.43 and had previously closed at $130.38.

iShares Micro-Cap ETF Trading Down 0.7 %

The firm has a 50-day moving average price of $132.45 and a 200-day moving average price of $124.66. The company has a market capitalization of $951.90 million, a price-to-earnings ratio of 10.47 and a beta of 1.21.

Hedge Funds Weigh In On iShares Micro-Cap ETF

Hedge funds have recently made changes to their positions in the business. Stifel Financial Corp boosted its holdings in iShares Micro-Cap ETF by 41.1% during the third quarter. Stifel Financial Corp now owns 21,335 shares of the exchange traded fund’s stock worth $2,632,000 after buying an additional 6,217 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of 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 during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of 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 worth $7,527,000 after acquiring an additional 3,865 shares in the last quarter. Joel Isaacson & Co. LLC acquired a new position in shares of iShares Micro-Cap ETF in the 3rd quarter worth $211,000. Finally, Capstone Investment Advisors LLC acquired a new stake in shares of iShares Micro-Cap ETF during the third quarter worth $987,000.

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.