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. The Index represents approximately 3% of the market capitalization of listed United States equity securities. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. It invests in a range of sectors, such as financial, health care, technology, producer discretionary, energy and utilities. The Fund's investment advisor is BlackRock Fund Advisors.
Basic Details
Issuer iShares
Fund NameiShares Micro-Cap ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:IWC
Inception Date8/12/2005
Fund ManagerDiane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason
Phone+1-800-4742737
Fund Focus
Asset ClassEquity
BenchmarkRussell Microcap Index
CategorySize and Style
FocusMicro Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$809.90 million
Average Daily Volume$24,928.70
Discount/Premium-0.24%
ETF Expenses
Management Fee0.60%
Other Expenses0.00%
Total Expenses0.60%
Fee Waiver0.00%
Net Expenses0.60%
Administrator, Advisor and Custodian
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerIMC Chicago
iShares Micro-Cap ETF (NYSEARCA:IWC) Frequently Asked Questions
What is iShares Micro-Cap ETF's stock symbol?
iShares Micro-Cap ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "IWC."
How often does iShares Micro-Cap ETF pay dividends? What is the dividend yield for iShares Micro-Cap ETF?
iShares Micro-Cap ETF declared a quarterly dividend on Monday, December 16th. Stockholders of record on Tuesday, December 17th will be given a dividend of $0.3554 per share on Friday, December 20th. This represents a $1.42 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Monday, December 16th. This is a positive change from iShares Micro-Cap ETF's previous quarterly dividend of $0.24. View iShares Micro-Cap ETF's Dividend History.
Has iShares Micro-Cap ETF been receiving favorable news coverage?
Press coverage about IWC stock has been trending positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. iShares Micro-Cap ETF earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave press coverage about the exchange traded fund a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for iShares Micro-Cap ETF.
What other stocks do shareholders of iShares Micro-Cap ETF own?
Who are iShares Micro-Cap ETF's key executives?
iShares Micro-Cap ETF's management team includes the folowing people:
- S. Jane Leung, Portfolio Manager
- Patrick O'Connor, Portfolio Manager (Age 49)
Who are iShares Micro-Cap ETF's major shareholders?
iShares Micro-Cap ETF's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include MD Financial Management Inc. (6.57%), Bank of America Corp DE (4.46%), Dowling & Yahnke LLC (2.22%), One Capital Management LLC (2.10%), Efficient Advisors LLC (1.71%) and Alesco Advisors LLC (1.55%).
Which major investors are selling iShares Micro-Cap ETF stock?
IWC stock was sold by a variety of institutional investors in the last quarter, including Raymond James Financial Services Advisors Inc., MD Financial Management Inc., Jane Street Group LLC, Mercer Global Advisors Inc. ADV, Efficient Advisors LLC, First Merchants Corp, Dowling & Yahnke LLC and Envestnet Asset Management Inc..
Which major investors are buying iShares Micro-Cap ETF stock?
IWC stock was acquired by a variety of institutional investors in the last quarter, including Alesco Advisors LLC, FIL Ltd, First Allied Advisory Services Inc., Bank of America Corp DE, Arkansas Financial Group Inc., Camden Capital LLC, Rice Hall James & Associates LLC and One Capital Management LLC.
How do I buy shares of iShares Micro-Cap ETF?
Shares of IWC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is iShares Micro-Cap ETF's stock price today?
One share of IWC stock can currently be purchased for approximately $92.01.
How big of a company is iShares Micro-Cap ETF?
What is iShares Micro-Cap ETF's official website?
How can I contact iShares Micro-Cap ETF?
iShares Micro-Cap ETF's mailing address is 45 Fremont Street, San Francisco, 94105, United States. The exchange traded fund can be reached via phone at +1-800-4742737.
MarketBeat Community Rating for iShares Micro-Cap ETF (NYSEARCA IWC)
MarketBeat's community ratings are surveys of what our community members think about iShares Micro-Cap ETF and other stocks. Vote "Outperform" if you believe IWC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IWC will underperform the S&P 500 over the long term. You may vote once every thirty days.
