Focus Financial Network Inc. Lowers Stake in iShares Micro-Cap ETF $IWC

Focus Financial Network Inc. reduced its position in iShares Micro-Cap ETF (NYSEARCA:IWC) by 52.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,531 shares of the exchange traded fund’s stock after selling 3,839 shares during the period. Focus Financial Network Inc.’s holdings in iShares Micro-Cap ETF were worth $557,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of IWC. Flow Traders U.S. LLC acquired a new position in iShares Micro-Cap ETF during the second quarter worth approximately $593,000. Acropolis Investment Management LLC acquired a new position in shares of iShares Micro-Cap ETF during the third quarter worth about $671,000. Concurrent Investment Advisors LLC acquired a new position in iShares Micro-Cap ETF during the 3rd quarter worth approximately $891,000. Keystone Wealth Services LLC acquired a new position in shares of iShares Micro-Cap ETF during the third quarter worth $707,000. Finally, Nvwm LLC acquired a new position in iShares Micro-Cap ETF in the 3rd quarter worth $604,000.

iShares Micro-Cap ETF Stock Performance

Shares of IWC opened at $156.63 on Friday. The company has a market capitalization of $1.21 billion, a P/E ratio of 15.35 and a beta of 1.11. The stock has a 50-day moving average price of $166.38 and a 200 day moving average price of $159.32. iShares Micro-Cap ETF has a one year low of $95.25 and a one year high of $176.74.

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. The Index is a float-adjusted capitalization-weighted index and includes equity securities issued by issuers with total market capitalizations ranging from approximately $50 million to $550 million, though these amounts may change from time to time.