Pacific Ridge Capital Partners LLC Purchases New Stake in iShares Micro-Cap ETF $IWC

Pacific Ridge Capital Partners LLC purchased a new stake in iShares Micro-Cap ETF (NYSEARCA:IWC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,850 shares of the exchange traded fund’s stock, valued at approximately $449,000.

A number of other large investors have also added to or reduced their stakes in the business. Bailard Inc. bought a new stake in iShares Micro-Cap ETF in the 4th quarter valued at $745,000. International Assets Investment Management LLC bought a new stake in iShares Micro-Cap ETF in the 4th quarter valued at $32,000. Eclectic Associates Inc. ADV bought a new stake in iShares Micro-Cap ETF in the 4th quarter valued at $516,000. Robertson Stephens Wealth Management LLC bought a new stake in iShares Micro-Cap ETF in the 4th quarter valued at $346,000. Finally, Mutual Advisors LLC raised its stake in iShares Micro-Cap ETF by 60.7% in the 4th quarter. Mutual Advisors LLC now owns 3,484 shares of the exchange traded fund’s stock valued at $549,000 after acquiring an additional 1,316 shares during the period.

iShares Micro-Cap ETF Trading Down 1.0%

IWC opened at $185.25 on Wednesday. iShares Micro-Cap ETF has a 1-year low of $115.75 and a 1-year high of $189.50. The stock’s fifty day simple moving average is $169.84 and its 200 day simple moving average is $164.43. The stock has a market cap of $1.41 billion, a PE ratio of 15.35 and a beta of 1.09.

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. The Index is a float-adjusted capitalization-weighted index and includes equity securities issued by issuers with total market capitalizations ranging from approximately $50 million to $550 million, though these amounts may change from time to time.