Avantax Advisory Services Inc. Sells 6,574 Shares of iShares Micro-Cap ETF $IWC

Avantax Advisory Services Inc. reduced its position in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 8.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,443 shares of the exchange traded fund’s stock after selling 6,574 shares during the period. Avantax Advisory Services Inc. owned about 1.12% of iShares Micro-Cap ETF worth $9,248,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. WealthShield Partners LLC boosted its position in iShares Micro-Cap ETF by 2.3% during the 2nd quarter. WealthShield Partners LLC now owns 30,111 shares of the exchange traded fund’s stock worth $3,844,000 after acquiring an additional 690 shares during the last quarter. Foundations Investment Advisors LLC bought a new stake in shares of iShares Micro-Cap ETF in the second quarter worth $666,000. Family Firm Inc. lifted its position in shares of iShares Micro-Cap ETF by 4.6% in the second quarter. Family Firm Inc. now owns 18,325 shares of the exchange traded fund’s stock worth $2,339,000 after purchasing an additional 804 shares in the last quarter. Tillman Hartley LLC acquired a new position in iShares Micro-Cap ETF during the second quarter worth $407,000. Finally, Future Fund LLC bought a new position in iShares Micro-Cap ETF in the second quarter valued at $303,000.

iShares Micro-Cap ETF Trading Down 1.7%

Shares of IWC stock opened at $146.00 on Tuesday. The firm’s fifty day moving average price is $151.67 and its two-hundred day moving average price is $136.98. iShares Micro-Cap ETF has a 1 year low of $95.25 and a 1 year high of $161.95. The firm has a market capitalization of $963.60 million, a P/E ratio of 15.35 and a beta of 1.11.

iShares Micro-Cap ETF Company 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.