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

Shares of iShares MSCI World ETF (NYSEARCA:URTH) reached a new 52-week high during trading on Friday . The stock traded as high as $187.34 and last traded at $186.9020, with a volume of 59993 shares. The stock had previously closed at $186.25.

iShares MSCI World ETF Stock Performance

The company has a market cap of $6.73 billion, a P/E ratio of 22.04 and a beta of 0.97. The business’s fifty day moving average is $183.03 and its two-hundred day moving average is $175.31.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Blair William & Co. IL lifted its holdings in shares of iShares MSCI World ETF by 2.5% in the 1st quarter. Blair William & Co. IL now owns 6,476 shares of the company’s stock worth $992,000 after buying an additional 155 shares during the period. Chicago Partners Investment Group LLC lifted its stake in iShares MSCI World ETF by 2.3% in the first quarter. Chicago Partners Investment Group LLC now owns 3,008 shares of the company’s stock worth $469,000 after acquiring an additional 69 shares during the period. WBH Advisory Inc. grew its holdings in iShares MSCI World ETF by 42.1% during the 1st quarter. WBH Advisory Inc. now owns 16,349 shares of the company’s stock worth $2,504,000 after acquiring an additional 4,843 shares in the last quarter. AlphaCore Capital LLC purchased a new position in iShares MSCI World ETF during the 1st quarter valued at about $52,000. Finally, Evensky & Katz LLC raised its holdings in shares of iShares MSCI World ETF by 1.2% in the 1st quarter. Evensky & Katz LLC now owns 286,973 shares of the company’s stock valued at $43,959,000 after purchasing an additional 3,391 shares in the last quarter.

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.