LPL Financial LLC Has $5.72 Million Stake in iShares Micro-Cap ETF (NYSEARCA:IWC)

LPL Financial LLC lessened its stake in iShares Micro-Cap ETF (NYSEARCA:IWC) by 22.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,600 shares of the exchange traded fund’s stock after selling 14,621 shares during the quarter. LPL Financial LLC’s holdings in iShares Micro-Cap ETF were worth $5,723,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IWC. Comerica Bank raised its stake 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 worth $75,000 after purchasing an additional 160 shares in the last quarter. Clear Creek Financial Management LLC raised its position in iShares Micro-Cap ETF by 3.1% during the first quarter. Clear Creek Financial Management LLC now owns 5,440 shares of the exchange traded fund’s stock valued at $603,000 after purchasing an additional 162 shares in the last quarter. Guardian Wealth Advisors LLC NC increased its position in iShares Micro-Cap ETF by 55.3% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 640 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 228 shares in the last quarter. Bessemer Group Inc. acquired a new position in shares of iShares Micro-Cap ETF during the fourth quarter worth $32,000. Finally, First Horizon Advisors Inc. increased its holdings in iShares Micro-Cap ETF by 18.3% in the 1st quarter. First Horizon Advisors Inc. now owns 2,020 shares of the exchange traded fund’s stock worth $224,000 after purchasing an additional 313 shares in the last quarter.

iShares Micro-Cap ETF Trading Up 3.2%

Shares of IWC stock opened at $136.52 on Wednesday. The stock has a market cap of $873.73 million, a price-to-earnings ratio of 15.35 and a beta of 1.12. The stock has a 50-day moving average of $129.75 and a 200-day moving average of $121.47. iShares Micro-Cap ETF has a 1-year low of $95.25 and a 1-year high of $139.98.

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.