Baker Avenue Asset Management LP Lowers Holdings in iShares Micro-Cap ETF (IWC)

Baker Avenue Asset Management LP lowered its holdings in shares of iShares Micro-Cap ETF (NYSEARCA:IWC) by 80.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,191 shares of the exchange traded fund’s stock after selling 75,364 shares during the quarter. Baker Avenue Asset Management LP owned 0.19% of iShares Micro-Cap ETF worth $1,500,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Arkansas Financial Group Inc. bought a new position in iShares Micro-Cap ETF during the fourth quarter valued at $1,893,000. Brand Asset Management Group Inc. lifted its position in iShares Micro-Cap ETF by 47.2% during the fourth quarter. Brand Asset Management Group Inc. now owns 4,590 shares of the exchange traded fund’s stock valued at $378,000 after purchasing an additional 1,472 shares during the last quarter. MD Financial Management Inc. lifted its position in iShares Micro-Cap ETF by 15.6% during the fourth quarter. MD Financial Management Inc. now owns 964,902 shares of the exchange traded fund’s stock valued at $79,556,000 after purchasing an additional 130,289 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares Micro-Cap ETF by 1.6% during the third quarter. JPMorgan Chase & Co. now owns 81,708 shares of the exchange traded fund’s stock valued at $8,686,000 after purchasing an additional 1,303 shares during the last quarter. Finally, First Midwest Bank Trust Division bought a new position in iShares Micro-Cap ETF during the fourth quarter valued at $206,000.

IWC stock opened at $94.25 on Thursday. iShares Micro-Cap ETF has a 52 week low of $77.64 and a 52 week high of $110.15.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st will be given a dividend of $0.2399 per share. The ex-dividend date is Wednesday, March 20th. This represents a $0.96 annualized dividend and a yield of 1.02%. This is a positive change from iShares Micro-Cap ETF’s previous quarterly dividend of $0.20.

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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.

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Institutional Ownership by Quarter for iShares Micro-Cap ETF (NYSEARCA:IWC)

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