iShares MSCI World ETF (NYSEARCA:URTH) Reaches New 12-Month High at $145.15

iShares MSCI World ETF (NYSEARCA:URTHGet Free Report)’s share price reached a new 52-week high on Thursday . The stock traded as high as $145.15 and last traded at $144.91, with a volume of 111432 shares traded. The stock had previously closed at $144.91.

iShares MSCI World ETF Stock Performance

The firm has a 50 day moving average of $139.36 and a two-hundred day moving average of $130.35. The company has a market cap of $3.14 billion, a PE ratio of 16.14 and a beta of 0.96.

Hedge Funds Weigh In On iShares MSCI World ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in iShares MSCI World ETF by 23.2% in the first quarter. Royal Bank of Canada now owns 1,198,912 shares of the company’s stock worth $153,653,000 after buying an additional 225,459 shares during the last quarter. CX Institutional purchased a new position in iShares MSCI World ETF in the 3rd quarter worth approximately $26,579,000. Jane Street Group LLC lifted its position in iShares MSCI World ETF by 545.6% in the 2nd quarter. Jane Street Group LLC now owns 209,564 shares of the company’s stock valued at $22,398,000 after acquiring an additional 177,104 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares MSCI World ETF by 228.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 239,681 shares of the company’s stock valued at $31,882,000 after purchasing an additional 166,614 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of iShares MSCI World ETF by 95.8% in the 4th quarter. Morgan Stanley now owns 227,322 shares of the company’s stock worth $24,835,000 after purchasing an additional 111,233 shares in the last quarter.

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.

Further Reading

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