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

iShares MSCI World ETF (NYSEARCA:URTH)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $164.21 and last traded at $164.09, with a volume of 417866 shares changing hands. The stock had previously closed at $163.56.

iShares MSCI World ETF Price Performance

The firm has a fifty day simple moving average of $159.25 and a two-hundred day simple moving average of $156.61. The firm has a market capitalization of $3.86 billion, a P/E ratio of 21.13 and a beta of 0.96.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in URTH. Sunbelt Securities Inc. bought a new stake in iShares MSCI World ETF in the 3rd quarter valued at about $27,000. Archer Investment Corp increased its stake in shares of iShares MSCI World ETF by 97.1% in the third quarter. Archer Investment Corp now owns 203 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares in the last quarter. Runnymede Capital Advisors Inc. bought a new stake in shares of iShares MSCI World ETF in the fourth quarter valued at approximately $37,000. Aptus Capital Advisors LLC purchased a new stake in shares of iShares MSCI World ETF during the 4th quarter valued at approximately $43,000. Finally, Activest Wealth Management bought a new position in iShares MSCI World ETF in the 3rd quarter worth approximately $44,000.

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.