Rice Hall James & Associates LLC Makes New $997,000 Investment in iShares Micro-Cap ETF (NYSEARCA:IWC)

Rice Hall James & Associates LLC bought a new position in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 7,645 shares of the exchange traded fund’s stock, valued at approximately $997,000.

Other large investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its holdings in iShares Micro-Cap ETF by 41.1% during the 3rd quarter. Stifel Financial Corp now owns 21,335 shares of the exchange traded fund’s stock worth $2,632,000 after purchasing an additional 6,217 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of iShares Micro-Cap ETF by 33.8% during the 3rd quarter. HighTower Advisors LLC now owns 19,060 shares of the exchange traded fund’s stock worth $2,341,000 after buying an additional 4,812 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of iShares Micro-Cap ETF during the 4th quarter worth about $3,745,000. Joel Isaacson & Co. LLC acquired a new position in shares of iShares Micro-Cap ETF during the 3rd quarter worth about $211,000. Finally, Capstone Investment Advisors LLC acquired a new position in shares of iShares Micro-Cap ETF during the 3rd quarter worth about $987,000.

iShares Micro-Cap ETF Price Performance

iShares Micro-Cap ETF stock opened at $131.89 on Wednesday. The firm has a 50-day moving average of $131.00 and a 200-day moving average of $127.35. iShares Micro-Cap ETF has a one year low of $108.90 and a one year high of $139.98. The company has a market cap of $962.80 million, a price-to-earnings ratio of 14.80 and a beta of 1.15.

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.