Kendall Capital Management Trims Holdings in iShares Micro-Cap ETF (NYSEARCA:IWC)

Kendall Capital Management trimmed its position in iShares Micro-Cap ETF (NYSEARCA:IWC) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,110 shares of the exchange traded fund’s stock after selling 253 shares during the quarter. Kendall Capital Management’s holdings in iShares Micro-Cap ETF were worth $2,883,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in iShares Micro-Cap ETF during the fourth quarter valued at approximately $1,285,000. Synergy Investment Management LLC acquired a new stake in iShares Micro-Cap ETF in the 4th quarter worth about $51,000. Steward Partners Investment Advisory LLC increased its stake in iShares Micro-Cap ETF by 1,686.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,733 shares of the exchange traded fund’s stock worth $226,000 after buying an additional 1,636 shares in the last quarter. Kelly Financial Group LLC acquired a new stake in iShares Micro-Cap ETF during the 4th quarter worth $1,478,000. Finally, Jones Financial Companies Lllp lifted its stake in iShares Micro-Cap ETF by 39.4% in the 4th quarter. Jones Financial Companies Lllp now owns 7,850 shares of the exchange traded fund’s stock worth $1,024,000 after purchasing an additional 2,220 shares in the last quarter.

iShares Micro-Cap ETF Price Performance

Shares of NYSEARCA IWC opened at $117.01 on Friday. The company has a 50 day simple moving average of $128.30 and a 200-day simple moving average of $127.92. The company has a market capitalization of $836.62 million, a P/E ratio of 13.73 and a beta of 1.17. iShares Micro-Cap ETF has a 1 year low of $108.90 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.