Wealth Enhancement Advisory Services LLC Has $708,000 Stock Holdings in iShares Micro-Cap ETF (NYSEARCA:IWC)

Wealth Enhancement Advisory Services LLC raised its stake in iShares Micro-Cap ETF (NYSEARCA:IWC) by 43.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 6,386 shares of the exchange traded fund’s stock after buying an additional 1,946 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Micro-Cap ETF were worth $708,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Parkworth Wealth Management Inc. acquired a new position in shares of iShares Micro-Cap ETF in the fourth quarter valued at approximately $25,000. Bessemer Group Inc. bought a new stake in iShares Micro-Cap ETF during the 4th quarter worth approximately $32,000. National Bank of Canada FI increased its position in iShares Micro-Cap ETF by 18.3% in the 4th quarter. National Bank of Canada FI now owns 575 shares of the exchange traded fund’s stock valued at $75,000 after acquiring an additional 89 shares during the period. Comerica Bank increased its position in iShares Micro-Cap ETF by 38.7% in the 4th quarter. Comerica Bank now owns 573 shares of the exchange traded fund’s stock valued at $75,000 after acquiring an additional 160 shares during the period. Finally, Guardian Wealth Advisors LLC NC raised its stake in shares of iShares Micro-Cap ETF by 55.3% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 640 shares of the exchange traded fund’s stock valued at $83,000 after acquiring an additional 228 shares during the last quarter.

iShares Micro-Cap ETF Stock Performance

Shares of NYSEARCA:IWC opened at $133.14 on Friday. iShares Micro-Cap ETF has a 52 week low of $95.25 and a 52 week high of $139.98. The firm has a market cap of $858.75 million, a PE ratio of 14.24 and a beta of 1.12. The firm’s fifty day moving average is $120.54 and its 200-day moving average is $121.00.

About iShares Micro-Cap ETF

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.