AE Wealth Management LLC Buys New Position in iShares Micro-Cap ETF (NYSEARCA:IWC)

AE Wealth Management LLC purchased a new stake in iShares Micro-Cap ETF (NYSEARCA:IWC) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 315 shares of the exchange traded fund’s stock, valued at approximately $35,000.

Other hedge funds have also recently bought and sold shares of the company. National Bank of Canada FI boosted its stake in shares of iShares Micro-Cap ETF by 18.3% during the 4th quarter. National Bank of Canada FI now owns 575 shares of the exchange traded fund’s stock worth $75,000 after acquiring an additional 89 shares during the period. Comerica Bank boosted its stake in shares of iShares Micro-Cap ETF by 38.7% during the 4th quarter. Comerica Bank now owns 573 shares of the exchange traded fund’s stock worth $75,000 after acquiring an additional 160 shares during the period. Clear Creek Financial Management LLC boosted its stake in shares of iShares Micro-Cap ETF by 3.1% during the 1st quarter. Clear Creek Financial Management LLC now owns 5,440 shares of the exchange traded fund’s stock worth $603,000 after acquiring an additional 162 shares during the period. World Investment Advisors boosted its stake in shares of iShares Micro-Cap ETF by 11.0% during the 4th quarter. World Investment Advisors now owns 1,980 shares of the exchange traded fund’s stock worth $258,000 after acquiring an additional 197 shares during the period. Finally, Guardian Wealth Advisors LLC NC boosted its stake in shares of 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 acquiring an additional 228 shares during the period.

iShares Micro-Cap ETF Trading Down 2.1%

Shares of NYSEARCA IWC opened at $127.86 on Friday. The company has a market capitalization of $824.70 million, a P/E ratio of 15.35 and a beta of 1.12. The stock has a 50 day moving average of $128.00 and a 200-day moving average of $121.40. iShares Micro-Cap ETF has a 12 month low of $95.25 and a 12 month 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.