iShares MSCI World ETF (NYSEARCA:URTH) Reaches New 1-Year High – What’s Next?

Shares of iShares MSCI World ETF (NYSEARCA:URTHGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $204.59 and last traded at $204.00, with a volume of 148852 shares trading hands. The stock had previously closed at $203.91.

iShares MSCI World ETF Stock Up 0.4%

The business’s 50-day simple moving average is $191.74 and its 200-day simple moving average is $188.70. The stock has a market cap of $8.72 billion, a PE ratio of 22.04 and a beta of 0.95.

Hedge Funds Weigh In On iShares MSCI World ETF

A number of hedge funds have recently modified their holdings of URTH. NewEdge Advisors LLC increased its position in shares of iShares MSCI World ETF by 70,466.7% in the second quarter. NewEdge Advisors LLC now owns 25,404 shares of the company’s stock valued at $4,303,000 after acquiring an additional 25,368 shares during the period. Main Street Financial Solutions LLC purchased a new position in shares of iShares MSCI World ETF in the second quarter valued at about $513,000. Raymond James Financial Inc. increased its position in shares of iShares MSCI World ETF by 5.3% in the second quarter. Raymond James Financial Inc. now owns 115,770 shares of the company’s stock valued at $19,609,000 after acquiring an additional 5,780 shares during the period. Lazard Asset Management LLC increased its position in shares of iShares MSCI World ETF by 184.8% in the second quarter. Lazard Asset Management LLC now owns 50,300 shares of the company’s stock valued at $8,519,000 after acquiring an additional 32,640 shares during the period. Finally, Two Sigma Securities LLC increased its position in shares of iShares MSCI World ETF by 42.7% in the second quarter. Two Sigma Securities LLC now owns 2,052 shares of the company’s stock valued at $348,000 after acquiring an additional 614 shares during the period.

About iShares MSCI World ETF

(Get Free Report)

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.

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