iShares MSCI World ETF (NYSEARCA:URTH) Short Interest Update

iShares MSCI World ETF (NYSEARCA:URTH) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 735,225 shares, a growth of 62.2% from the August 15th total of 453,379 shares. Based on an average daily trading volume, of 415,558 shares, the short-interest ratio is presently 1.8 days. Currently, 1.9% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares MSCI World ETF

Institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC purchased a new position in shares of iShares MSCI World ETF in the 2nd quarter valued at about $121,000. Noble Wealth Partners LLC purchased a new position in iShares MSCI World ETF during the second quarter worth approximately $382,000. C M Bidwell & Associates Ltd. purchased a new position in iShares MSCI World ETF during the second quarter worth approximately $89,000. Asset Advisory Group Inc. grew its holdings in iShares MSCI World ETF by 0.4% in the second quarter. Asset Advisory Group Inc. now owns 13,435 shares of the company’s stock valued at $2,723,000 after purchasing an additional 55 shares during the period. Finally, Rathbones Group PLC acquired a new stake in iShares MSCI World ETF in the first quarter valued at approximately $225,000.

iShares MSCI World ETF Price Performance

URTH stock traded up $2.33 during midday trading on Thursday, hitting $207.04. 354,318 shares of the stock traded hands, compared to its average volume of 713,430. iShares MSCI World ETF has a 1-year low of $174.24 and a 1-year high of $211.94. The stock’s fifty day simple moving average is $206.63 and its 200-day simple moving average is $198.74. The firm has a market cap of $8.14 billion, a P/E ratio of 22.04 and a beta of 0.95.

iShares MSCI World ETF Company Profile

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.