iShares MSCI World ETF (NYSEARCA:URTH) Sets New 52-Week High – What’s Next?

iShares MSCI World ETF (NYSEARCA:URTH)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $188.00 and last traded at $187.7180, with a volume of 9915 shares. The stock had previously closed at $187.72.

iShares MSCI World ETF Stock Down 0.0%

The firm has a 50 day moving average of $184.32 and a 200 day moving average of $177.66. The firm has a market cap of $6.76 billion, a PE ratio of 22.04 and a beta of 0.97.

Institutional Trading of iShares MSCI World ETF

Institutional investors have recently added to or reduced their stakes in the business. AE Wealth Management LLC increased its stake in shares of iShares MSCI World ETF by 1,400.0% during the second quarter. AE Wealth Management LLC now owns 150 shares of the company’s stock valued at $25,000 after buying an additional 140 shares during the period. Clearstead Advisors LLC lifted its position in iShares MSCI World ETF by 107.9% in the 3rd quarter. Clearstead Advisors LLC now owns 262 shares of the company’s stock valued at $48,000 after acquiring an additional 136 shares in the last quarter. MAI Capital Management bought a new stake in iShares MSCI World ETF in the 3rd quarter worth about $50,000. Comerica Bank raised its holdings in shares of iShares MSCI World ETF by 51.1% during the third quarter. Comerica Bank now owns 281 shares of the company’s stock valued at $51,000 after purchasing an additional 95 shares during the last quarter. Finally, Close Asset Management Ltd purchased a new stake in iShares MSCI World ETF during the third quarter valued at $54,000.

About iShares MSCI World ETF

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.