iShares MSCI World Small-Cap ETF (NASDAQ:WSML) Reaches New 12-Month High – Still a Buy?

iShares MSCI World Small-Cap ETF (NASDAQ:WSML)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $34.42 and last traded at $34.42, with a volume of 214 shares changing hands. The stock had previously closed at $33.50.

iShares MSCI World Small-Cap ETF Price Performance

The stock has a market capitalization of $655.12 million, a P/E ratio of -6,381.64 and a beta of 1.29. The stock’s fifty day moving average is $32.39 and its 200-day moving average is $31.71.

Institutional Investors Weigh In On iShares MSCI World Small-Cap ETF

Several large investors have recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in iShares MSCI World Small-Cap ETF in the 3rd quarter valued at about $26,000. National Bank of Canada FI acquired a new position in shares of iShares MSCI World Small-Cap ETF during the third quarter worth approximately $51,000. Smartleaf Asset Management LLC bought a new stake in shares of iShares MSCI World Small-Cap ETF during the second quarter valued at approximately $162,000. Jane Street Group LLC increased its holdings in shares of iShares MSCI World Small-Cap ETF by 157.7% in the fourth quarter. Jane Street Group LLC now owns 23,238 shares of the company’s stock valued at $707,000 after purchasing an additional 14,220 shares in the last quarter. Finally, State Street Corp acquired a new stake in shares of iShares MSCI World Small-Cap ETF in the fourth quarter valued at approximately $1,022,000.

About iShares MSCI World Small-Cap ETF

The iShares MSCI World Small-Cap ETF seeks to track the performance of small capitalization companies across developed markets globally by replicating the MSCI World Small Cap Index.