Founders Financial Securities LLC Has $526,000 Holdings in iShares Micro-Cap ETF (NYSEARCA:IWC)

Founders Financial Securities LLC grew its holdings in iShares Micro-Cap ETF (NYSEARCA:IWC) by 7.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,343 shares of the exchange traded fund’s stock after purchasing an additional 306 shares during the period. Founders Financial Securities LLC’s holdings in iShares Micro-Cap ETF were worth $526,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Mather Group LLC. bought a new stake in iShares Micro-Cap ETF in the first quarter worth approximately $74,000. Powell Investment Advisors LLC bought a new stake in shares of iShares Micro-Cap ETF during the 4th quarter worth about $83,000. Frazier Financial Advisors LLC bought a new stake in shares of iShares Micro-Cap ETF during the 4th quarter worth about $102,000. Toth Financial Advisory Corp increased its holdings in shares of iShares Micro-Cap ETF by 2,270.0% during the 4th quarter. Toth Financial Advisory Corp now owns 1,185 shares of the exchange traded fund’s stock valued at $137,000 after acquiring an additional 1,135 shares during the last quarter. Finally, Eagle Global Advisors LLC acquired a new stake in iShares Micro-Cap ETF in the 4th quarter worth approximately $203,000.

iShares Micro-Cap ETF Price Performance

Shares of NYSEARCA IWC traded up $1.25 during trading hours on Friday, hitting $114.00. 40,603 shares of the stock were exchanged, compared to its average volume of 30,626. iShares Micro-Cap ETF has a one year low of $90.70 and a one year high of $121.61. The company’s 50 day moving average is $115.32 and its 200 day moving average is $115.13. The firm has a market capitalization of $837.90 million, a P/E ratio of 10.47 and a beta of 1.21.

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.