iShares MSCI World Small-Cap ETF (NASDAQ:WSML) Trading Down 0.2% – Here’s Why

iShares MSCI World Small-Cap ETF (NASDAQ:WSML)’s share price were down 0.2% during trading on Wednesday . The company traded as low as $31.12 and last traded at $31.45. Approximately 4,463 shares traded hands during trading, a decline of 97% from the average daily volume of 147,728 shares. The stock had previously closed at $31.51.

iShares MSCI World Small-Cap ETF Stock Down 2.9%

The stock has a market capitalization of $767.08 million, a price-to-earnings ratio of -5,589.49 and a beta of 1.25. The company’s fifty day simple moving average is $32.53 and its 200 day simple moving average is $31.17.

Institutional Investors Weigh In On iShares MSCI World Small-Cap ETF

A number of institutional investors have recently made changes to their positions in WSML. Flow Traders U.S. LLC acquired a new position in iShares MSCI World Small-Cap ETF in the 2nd quarter valued at $685,000. Jane Street Group LLC bought a new stake in shares of iShares MSCI World Small-Cap ETF during the 2nd quarter worth $5,997,000. Smartleaf Asset Management LLC acquired a new position in iShares MSCI World Small-Cap ETF in the 2nd quarter worth about $162,000. National Bank of Canada FI bought a new position in iShares MSCI World Small-Cap ETF in the third quarter valued at about $51,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in iShares MSCI World Small-Cap ETF during the 3rd quarter worth approximately $26,000.

About iShares MSCI World Small-Cap ETF

The iShares MSCI World Small-Cap ETF seeks to track the performance of small capitalization companies across developed markets globally by replicating the MSCI World Small Cap Index.