iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Large Volume Increase – Should You Buy?

iShares Micro-Cap ETF (NYSEARCA:IWC) saw an uptick in trading volume on Friday . 115,160 shares were traded during mid-day trading, an increase of 249% from the previous session’s volume of 33,002 shares.The stock last traded at $132.21 and had previously closed at $132.05.

iShares Micro-Cap ETF Price Performance

The stock has a market capitalization of $967.41 million, a PE ratio of 10.47 and a beta of 1.21. The stock’s fifty day moving average is $131.33 and its 200-day moving average is $127.23.

Institutional Investors Weigh In On iShares Micro-Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parkworth Wealth Management Inc. acquired a new stake in shares of iShares Micro-Cap ETF in the fourth quarter worth approximately $25,000. Bessemer Group Inc. acquired a new stake in iShares Micro-Cap ETF during the 4th quarter worth $32,000. Bristlecone Advisors LLC purchased a new stake in shares of iShares Micro-Cap ETF during the third quarter worth $46,000. Aptus Capital Advisors LLC raised its position in shares of iShares Micro-Cap ETF by 139.5% in the third 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 last quarter. Finally, Synergy Investment Management LLC acquired a new stake in shares of iShares Micro-Cap ETF in the fourth quarter valued at about $51,000.

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.