Raymond James Financial Services Advisors Inc. Lowers Holdings in iShares Micro-Cap ETF (NYSEARCA:IWC)

Raymond James Financial Services Advisors Inc. decreased its stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 63.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,197 shares of the exchange traded fund’s stock after selling 5,609 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in iShares Micro-Cap ETF were worth $349,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in IWC. 1832 Asset Management L.P. purchased a new position in iShares Micro-Cap ETF during the first quarter valued at $69,148,000. CI Private Wealth LLC purchased a new position in iShares Micro-Cap ETF during the fourth quarter valued at $29,356,000. Frank Rimerman Advisors LLC purchased a new position in iShares Micro-Cap ETF during the first quarter valued at $5,253,000. Jane Street Group LLC raised its stake in iShares Micro-Cap ETF by 2,077.0% during the first quarter. Jane Street Group LLC now owns 43,495 shares of the exchange traded fund’s stock valued at $5,605,000 after buying an additional 45,695 shares during the last quarter. Finally, Sparta 24 Ltd. bought a new stake in shares of iShares Micro-Cap ETF in the 1st quarter worth $3,499,000.

iShares Micro-Cap ETF Trading Up 2.5 %

iShares Micro-Cap ETF stock opened at $95.47 on Friday. The firm has a market cap of $768.57 million, a price-to-earnings ratio of 9.22 and a beta of 1.12. The stock has a fifty day simple moving average of $99.87 and a two-hundred day simple moving average of $104.98. iShares Micro-Cap ETF has a 12 month low of $90.70 and a 12 month high of $122.75.

iShares Micro-Cap ETF 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.