iShares MSCI World ETF (NYSEARCA:URTH) Sets New 52-Week High – Here’s Why

iShares MSCI World ETF (NYSEARCA:URTHGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $164.21 and last traded at $164.09, with a volume of 417866 shares. The stock had previously closed at $163.56.

iShares MSCI World ETF Price Performance

The business’s 50 day simple moving average is $159.12 and its 200 day simple moving average is $156.37. The stock has a market cap of $3.87 billion, a P/E ratio of 21.13 and a beta of 0.96.

Institutional Trading of iShares MSCI World ETF

Large investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its stake in iShares MSCI World ETF by 258.3% during the fourth quarter. Bank of America Corp DE now owns 742,267 shares of the company’s stock worth $115,423,000 after buying an additional 535,132 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of iShares MSCI World ETF by 233.8% in the 4th quarter. Principal Financial Group Inc. now owns 365,827 shares of the company’s stock worth $56,886,000 after acquiring an additional 256,230 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares MSCI World ETF by 219.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 279,894 shares of the company’s stock worth $43,523,000 after acquiring an additional 192,199 shares during the last quarter. Arizona PSPRS Trust bought a new stake in iShares MSCI World ETF during the 3rd quarter worth approximately $19,932,000. Finally, Raymond James Financial Inc. bought a new stake in iShares MSCI World ETF during the 4th quarter worth approximately $18,715,000.

iShares MSCI World ETF Company Profile

(Get Free Report)

The iShares MSCI World ETF (URTH) is an exchange-traded fund that is based on the MSCI World index, a market-cap-weighted index of stocks that cover 85% of the developed world’s market capitalization. URTH was launched on Jan 10, 2012 and is managed by BlackRock.

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