iShares MSCI World ETF (NYSEARCA:URTH) Sees Strong Trading Volume

iShares MSCI World ETF (NYSEARCA:URTH) shares saw unusually-high trading volume on Tuesday . Approximately 114,076 shares were traded during mid-day trading, a decline of 49% from the previous session’s volume of 221,599 shares.The stock last traded at $153.90 and had previously closed at $153.67.

iShares MSCI World ETF Price Performance

The company has a market cap of $3.62 billion, a price-to-earnings ratio of 21.13 and a beta of 0.96. The firm has a fifty day simple moving average of $149.80 and a 200 day simple moving average of $146.23.

Institutional Investors Weigh In On iShares MSCI World ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. National Bank of Canada FI grew its holdings in iShares MSCI World ETF by 73.4% in the 2nd quarter. National Bank of Canada FI now owns 189 shares of the company’s stock valued at $28,000 after buying an additional 80 shares during the last quarter. Webster Bank N. A. acquired a new stake in iShares MSCI World ETF in the 1st quarter worth $43,000. 1832 Asset Management L.P. increased its holdings in shares of iShares MSCI World ETF by 31.3% during the 1st quarter. 1832 Asset Management L.P. now owns 591 shares of the company’s stock worth $86,000 after purchasing an additional 141 shares during the period. Cassaday & Co Wealth Management LLC acquired a new position in shares of iShares MSCI World ETF during the fourth quarter valued at about $217,000. Finally, Wealthgarden F.S. LLC acquired a new stake in iShares MSCI World ETF during the second quarter worth about $242,000.

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.