NCM

Next Capital Management’s iShares Micro-Cap ETF IWC Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	$399K	Hold	3,123	–	–	0.15%	93
2025 Q1	$346K	Hold	3,123	–	–	0.17%	86
2024 Q4	$407K	Hold	3,123	–	–	0.16%	94
2024 Q3	$385K	Hold	3,123	–	–	0.16%	97
2024 Q2	$356K	Hold	3,123	–	–	0.15%	99
2024 Q1	$378K	Hold	3,123	–	–	0.15%	97
2023 Q4	$362K	Hold	3,123	–	–	0.15%	89
2023 Q3	$313K	Hold	3,123	–	–	0.14%	90
2023 Q2	$341K	Hold	3,123	–	–	0.16%	88
2023 Q1	$326K	Hold	3,123	–	–	0.16%	90
2022 Q4	$337K	Hold	3,123	–	–	0.18%	85
2022 Q3	$323K	Hold	3,123	–	–	0.24%	77
2022 Q2	$324K	Hold	3,123	–	–	0.24%	86
2022 Q1	$402K	Hold	3,123	–	–	0.27%	74
2021 Q4	$436K	Hold	3,123	–	–	0.29%	65
2021 Q3	$451K	Hold	3,123	–	–	0.33%	65
2021 Q2	$477K	Hold	3,123	–	–	0.3%	66
2021 Q1	$459K	Hold	3,123	–	–	0.3%	70
2020 Q4	$371K	Sell	3,123 -501	-14%	-$59.5K	0.26%	73
2020 Q3	$328K	Hold	3,624	–	–	0.22%	69
2020 Q2	$316K	Sell	3,624 -477	-12%	-$41.6K	0.22%	68
2020 Q1	$275K	Sell	4,101 -1,242	-23%	-$83.3K	0.22%	60
2019 Q4	$532K	Sell	5,343 -4,112	-43%	-$409K	0.38%	49
2019 Q3	$833K	Hold	9,455	–	–	0.56%	41
2019 Q2	$881K	Sell	9,455 -1,377	-13%	-$128K	0.59%	37
2019 Q1	$1.01M	Buy	10,832 +3,040	+39%	+$282K	0.85%	30
2018 Q4	$642K	Buy	+7,792	New	+$642K	0.56%	39