iShares MSCI World ETF (NYSEARCA:URTH) Sees Large Volume Increase

iShares MSCI World ETF (NYSEARCA:URTH) shares saw strong trading volume on Wednesday . 291,322 shares changed hands during trading, an increase of 27% from the previous session’s volume of 229,026 shares.The stock last traded at $144.14 and had previously closed at $143.81.

iShares MSCI World ETF Stock Performance

The business’s 50 day simple moving average is $139.36 and its 200-day simple moving average is $130.35. The company has a market cap of $3.14 billion, a price-to-earnings ratio of 16.14 and a beta of 0.96.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Cary Street Partners Investment Advisory LLC raised its holdings in shares of iShares MSCI World ETF by 128.3% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 210 shares of the company’s stock valued at $25,000 after purchasing an additional 118 shares in the last quarter. First Horizon Advisors Inc. bought a new position in iShares MSCI World ETF in the 4th quarter worth $28,000. Money Concepts Capital Corp bought a new position in iShares MSCI World ETF in the 4th quarter worth $30,000. Comerica Bank raised its holdings in iShares MSCI World ETF by 9,500.0% in the 4th quarter. Comerica Bank now owns 384 shares of the company’s stock worth $51,000 after acquiring an additional 380 shares during the period. Finally, Private Trust Co. NA increased its holdings in shares of iShares MSCI World ETF by 68.5% during the 3rd quarter. Private Trust Co. NA now owns 401 shares of the company’s stock worth $48,000 after purchasing an additional 163 shares during the period.

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.