Tassel Capital Management Inc. Buys New Stake in iShares Micro-Cap ETF (NYSEARCA:IWC)

Tassel Capital Management Inc. purchased a new stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) during the 4th quarter, HoldingsChannel reports. The firm purchased 1,751 shares of the exchange traded fund’s stock, valued at approximately $228,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWC. Aptus Capital Advisors LLC boosted its stake in shares of iShares Micro-Cap ETF by 139.5% during the 3rd quarter. Aptus Capital Advisors LLC now owns 412 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 240 shares in the last quarter. Endowment Wealth Management Inc. boosted its position in iShares Micro-Cap ETF by 22.0% during the third quarter. Endowment Wealth Management Inc. now owns 8,495 shares of the exchange traded fund’s stock worth $1,048,000 after purchasing an additional 1,534 shares in the last quarter. Smithfield Trust Co boosted its position in iShares Micro-Cap ETF by 112.6% during the third quarter. Smithfield Trust Co now owns 2,077 shares of the exchange traded fund’s stock worth $256,000 after purchasing an additional 1,100 shares in the last quarter. Nwam LLC acquired a new stake in iShares Micro-Cap ETF in the third quarter valued at approximately $282,000. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of iShares Micro-Cap ETF in the third quarter valued at approximately $323,000.

iShares Micro-Cap ETF Price Performance

Shares of IWC stock opened at $117.01 on Monday. iShares Micro-Cap ETF has a 1-year low of $108.90 and a 1-year high of $139.98. The company has a market cap of $836.62 million, a price-to-earnings ratio of 13.73 and a beta of 1.17. The stock has a 50 day simple moving average of $128.30 and a 200-day simple moving average of $127.97.

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.