iShares MSCI World ETF (NYSEARCA:URTH) Reaches New 1-Year High – Here’s Why

iShares MSCI World ETF (NYSEARCA:URTH) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $163.33 and last traded at $163.30, with a volume of 136378 shares changing hands. The stock had previously closed at $161.83.

iShares MSCI World ETF Price Performance

The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 21.13 and a beta of 0.96. The business has a fifty day simple moving average of $159.06 and a 200 day simple moving average of $155.99.

Institutional Investors Weigh In On iShares MSCI World ETF

Large investors have recently made changes to their positions in the stock. Sanctuary Advisors LLC purchased a new position in iShares MSCI World ETF during the second quarter worth about $505,000. SG Americas Securities LLC raised its position in shares of iShares MSCI World ETF by 31.4% during the 3rd quarter. SG Americas Securities LLC now owns 3,107 shares of the company’s stock valued at $488,000 after buying an additional 743 shares during the period. Magnus Financial Group LLC purchased a new stake in shares of iShares MSCI World ETF during the 3rd quarter valued at approximately $332,000. Investments & Financial Planning LLC increased its stake in iShares MSCI World ETF by 1.2% during the third quarter. Investments & Financial Planning LLC now owns 47,563 shares of the company’s stock worth $7,463,000 after acquiring an additional 566 shares during the last quarter. Finally, Tsfg LLC purchased a new position in iShares MSCI World ETF during the third quarter worth about $79,000.

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.