Physician Wealth Advisors Inc. Has $1.34 Million Holdings in iShares Micro-Cap ETF (NYSEARCA:IWC)

Physician Wealth Advisors Inc. lowered its stake in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 4.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,022 shares of the exchange traded fund’s stock after selling 585 shares during the quarter. Physician Wealth Advisors Inc.’s holdings in iShares Micro-Cap ETF were worth $1,337,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Mather Group LLC. acquired a new position in iShares Micro-Cap ETF in the first quarter valued at about $74,000. Powell Investment Advisors LLC bought a new position in iShares Micro-Cap ETF in the 4th quarter valued at about $83,000. Frazier Financial Advisors LLC acquired a new position in shares of iShares Micro-Cap ETF in the 4th quarter valued at approximately $102,000. Toth Financial Advisory Corp lifted 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 worth $137,000 after acquiring an additional 1,135 shares during the period. Finally, Eagle Global Advisors LLC acquired a new stake in shares of iShares Micro-Cap ETF during the 4th quarter worth approximately $203,000.

iShares Micro-Cap ETF Price Performance

IWC traded up $1.25 during trading on Friday, hitting $114.00. 40,603 shares of the stock traded hands, compared to its average volume of 30,626. The business has a 50 day moving average price of $115.32 and a 200 day moving average price of $115.13. iShares Micro-Cap ETF has a twelve month low of $90.70 and a twelve month high of $121.61. The company has a market cap of $837.90 million, a price-to-earnings ratio of 10.47 and a beta of 1.21.

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.