Frank Rimerman Advisors LLC Acquires 1,652 Shares of iShares Micro-Cap ETF (NYSEARCA:IWC)

Frank Rimerman Advisors LLC lifted its holdings in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,716 shares of the exchange traded fund’s stock after acquiring an additional 1,652 shares during the period. iShares Micro-Cap ETF makes up 0.5% of Frank Rimerman Advisors LLC’s holdings, making the stock its 24th biggest holding. Frank Rimerman Advisors LLC owned 0.77% of iShares Micro-Cap ETF worth $7,395,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Commonwealth Equity Services LLC increased its position in shares of iShares Micro-Cap ETF by 2.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,933 shares of the exchange traded fund’s stock worth $1,425,000 after acquiring an additional 252 shares in the last quarter. Avantax Advisory Services Inc. boosted its holdings in iShares Micro-Cap ETF by 1.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 72,771 shares of the exchange traded fund’s stock worth $9,488,000 after purchasing an additional 872 shares during the last quarter. Parkworth Wealth Management Inc. purchased a new position in iShares Micro-Cap ETF during the fourth quarter worth about $25,000. HighTower Advisors LLC boosted its holdings in iShares Micro-Cap ETF by 0.6% during the fourth quarter. HighTower Advisors LLC now owns 19,176 shares of the exchange traded fund’s stock worth $2,500,000 after purchasing an additional 116 shares during the last quarter. Finally, Endowment Wealth Management Inc. boosted its holdings in iShares Micro-Cap ETF by 14.8% during the fourth quarter. Endowment Wealth Management Inc. now owns 9,754 shares of the exchange traded fund’s stock worth $1,272,000 after purchasing an additional 1,259 shares during the last quarter.

iShares Micro-Cap ETF Stock Performance

iShares Micro-Cap ETF stock opened at $115.94 on Friday. iShares Micro-Cap ETF has a fifty-two week low of $108.90 and a fifty-two week high of $139.98. The stock has a market cap of $828.97 million, a PE ratio of 13.73 and a beta of 1.17. The firm’s 50-day simple moving average is $126.95 and its 200 day simple moving average is $127.65.

About iShares Micro-Cap ETF

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.