Gray Wealth Management Inc. Takes $225,000 Position in iShares Micro-Cap ETF (NYSEARCA:IWC)

Gray Wealth Management Inc. purchased a new position in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,936 shares of the exchange traded fund’s stock, valued at approximately $225,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Renaissance Technologies LLC raised its position in iShares Micro-Cap ETF by 3.8% during the fourth quarter. Renaissance Technologies LLC now owns 2,700 shares of the exchange traded fund’s stock worth $291,000 after acquiring an additional 100 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of iShares Micro-Cap ETF by 0.8% in the first quarter. Bank of New York Mellon Corp now owns 12,878 shares of the exchange traded fund’s stock valued at $1,659,000 after acquiring an additional 101 shares in the last quarter. Private Advisory Group LLC boosted its stake in shares of iShares Micro-Cap ETF by 1.8% during the third quarter. Private Advisory Group LLC now owns 7,987 shares of the exchange traded fund’s stock valued at $799,000 after acquiring an additional 139 shares during the last quarter. Ellis Investment Partners LLC increased its position in iShares Micro-Cap ETF by 2.2% during the 3rd quarter. Ellis Investment Partners LLC now owns 6,824 shares of the exchange traded fund’s stock worth $683,000 after purchasing an additional 146 shares in the last quarter. Finally, FMR LLC raised its stake in iShares Micro-Cap ETF by 17.0% in the 3rd quarter. FMR LLC now owns 1,006 shares of the exchange traded fund’s stock valued at $101,000 after purchasing an additional 146 shares during the last quarter.

iShares Micro-Cap ETF Price Performance

NYSEARCA:IWC traded down $0.41 on Thursday, reaching $109.35. The stock had a trading volume of 10,490 shares, compared to its average volume of 32,309. iShares Micro-Cap ETF has a 12-month low of $90.70 and a 12-month high of $121.61. The company has a market cap of $831.06 million, a price-to-earnings ratio of 10.59 and a beta of 1.20. The firm’s fifty day moving average is $116.87 and its two-hundred day moving average is $109.02.

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.