Raymond James Financial Inc. Invests $1.29 Million in iShares Micro-Cap ETF (NYSEARCA:IWC)

Raymond James Financial Inc. bought a new stake in iShares Micro-Cap ETF (NYSEARCA:IWC) during the fourth quarter, HoldingsChannel.com reports. The fund bought 9,853 shares of the exchange traded fund’s stock, valued at approximately $1,285,000.

Other institutional investors have also recently bought and sold shares of the company. TABR Capital Management LLC acquired a new stake in shares of iShares Micro-Cap ETF in the fourth quarter valued at approximately $11,593,000. Chicago Partners Investment Group LLC grew its position in iShares Micro-Cap ETF by 3.4% in the fourth quarter. Chicago Partners Investment Group LLC now owns 83,360 shares of the exchange traded fund’s stock valued at $10,729,000 after purchasing an additional 2,764 shares in the last quarter. Park Avenue Securities LLC increased its stake in iShares Micro-Cap ETF by 3.5% in the 4th quarter. Park Avenue Securities LLC now owns 41,019 shares of the exchange traded fund’s stock valued at $5,348,000 after buying an additional 1,378 shares during the last quarter. Finley Financial LLC bought a new stake in iShares Micro-Cap ETF during the 4th quarter worth about $4,412,000. Finally, Heck Capital Advisors LLC acquired a new position in shares of iShares Micro-Cap ETF during the 4th quarter worth about $3,745,000.

iShares Micro-Cap ETF Stock Performance

NYSEARCA:IWC opened at $112.44 on Thursday. iShares Micro-Cap ETF has a 52-week low of $108.90 and a 52-week high of $139.98. The company has a market cap of $809.57 million, a P/E ratio of 13.64 and a beta of 1.17. The stock’s 50-day simple moving average is $122.98 and its 200 day simple moving average is $127.12.

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.