iShares MSCI World ETF (NYSEARCA:URTH) Short Interest Update

iShares MSCI World ETF (NYSEARCA:URTH) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 299,972 shares, a decline of 38.9% from the June 15th total of 490,899 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 1,183,279 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On iShares MSCI World ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC lifted its stake in iShares MSCI World ETF by 70,466.7% in the 2nd 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 in the last quarter. Main Street Financial Solutions LLC bought a new position in iShares MSCI World ETF during the second quarter worth about $513,000. Raymond James Financial Inc. raised its stake in iShares MSCI World ETF by 5.3% in the 2nd quarter. Raymond James Financial Inc. now owns 115,770 shares of the company’s stock worth $19,609,000 after purchasing an additional 5,780 shares in the last quarter. Lazard Asset Management LLC raised 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 buying an additional 32,640 shares in the last quarter. Finally, Two Sigma Securities LLC grew its holdings in shares of iShares MSCI World ETF by 42.7% during the 2nd quarter. Two Sigma Securities LLC now owns 2,052 shares of the company’s stock worth $348,000 after purchasing an additional 614 shares in the last quarter.

iShares MSCI World ETF Price Performance

NYSEARCA:URTH traded down $1.61 during mid-day trading on Friday, reaching $201.97. The stock had a trading volume of 305,441 shares, compared to its average volume of 798,087. iShares MSCI World ETF has a fifty-two week low of $168.23 and a fifty-two week high of $206.33. The business’s 50 day moving average is $202.25 and its 200 day moving average is $193.26. The stock has a market cap of $8.04 billion, a P/E ratio of 22.04 and a beta of 0.95.

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.