iShares MSCI World ETF (NYSEARCA:URTH) Sees Large Volume Increase

iShares MSCI World ETF (NYSEARCA:URTH) shares saw unusually-high trading volume on Tuesday . Approximately 222,991 shares were traded during mid-day trading, a decline of 1% from the previous session’s volume of 225,340 shares.The stock last traded at $139.63 and had previously closed at $138.51.

iShares MSCI World ETF Price Performance

The stock has a market cap of $3.30 billion, a price-to-earnings ratio of 21.15 and a beta of 0.96. The business’s 50-day simple moving average is $141.51 and its two-hundred day simple moving average is $133.02.

Institutional Trading of iShares MSCI World ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Private Trust Co. NA lifted its holdings in shares of iShares MSCI World ETF by 68.5% during the third quarter. Private Trust Co. NA now owns 401 shares of the company’s stock worth $48,000 after purchasing an additional 163 shares during the period. CX Institutional acquired a new position in shares of iShares MSCI World ETF during the third quarter worth $26,579,000. Investments & Financial Planning LLC lifted its holdings in shares of iShares MSCI World ETF by 15.0% during the third quarter. Investments & Financial Planning LLC now owns 24,788 shares of the company’s stock worth $2,979,000 after purchasing an additional 3,224 shares during the period. Valeo Financial Advisors LLC acquired a new position in shares of iShares MSCI World ETF during the third quarter worth $489,000. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of iShares MSCI World ETF by 0.6% during the third quarter. Commonwealth Equity Services LLC now owns 26,849 shares of the company’s stock worth $3,226,000 after purchasing an additional 150 shares during the period.

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.