iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Unusually-High Trading Volume – Still a Buy?

iShares Micro-Cap ETF (NYSEARCA:IWC) saw unusually-strong trading volume on Thursday . Approximately 65,396 shares changed hands during trading, an increase of 72% from the previous session’s volume of 37,911 shares.The stock last traded at $131.43 and had previously closed at $130.38.

iShares Micro-Cap ETF Trading Down 0.7 %

The firm has a market capitalization of $951.90 million, a P/E ratio of 10.47 and a beta of 1.21. The firm has a 50 day moving average price of $132.45 and a 200-day moving average price of $124.66.

Institutional Investors Weigh In On iShares Micro-Cap ETF

Institutional investors have recently made changes to their positions in the company. Stifel Financial Corp raised its position in iShares Micro-Cap ETF by 41.1% in the 3rd quarter. Stifel Financial Corp now owns 21,335 shares of the exchange traded fund’s stock worth $2,632,000 after purchasing an additional 6,217 shares during the period. HighTower Advisors LLC grew its stake in shares of iShares Micro-Cap ETF by 33.8% during the third quarter. HighTower Advisors LLC now owns 19,060 shares of the exchange traded fund’s stock valued at $2,341,000 after buying an additional 4,812 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares Micro-Cap ETF by 6.2% in the second quarter. Envestnet Asset Management Inc. now owns 66,027 shares of the exchange traded fund’s stock worth $7,527,000 after buying an additional 3,865 shares during the period. Joel Isaacson & Co. LLC bought a new stake in shares of iShares Micro-Cap ETF during the 3rd quarter worth approximately $211,000. Finally, Capstone Investment Advisors LLC purchased a new position in iShares Micro-Cap ETF during the 3rd quarter valued at $987,000.

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.