iShares MSCI World ETF (NYSEARCA:URTH) Hits New 12-Month High – Here’s What Happened

iShares MSCI World ETF (NYSEARCA:URTH) reached a new 52-week high on Thursday . The company traded as high as $163.33 and last traded at $163.30, with a volume of 136378 shares. The stock had previously closed at $161.83.

iShares MSCI World ETF Stock Up 0.0 %

The business has a 50-day simple moving average of $159.08 and a 200-day simple moving average of $156.05. The company has a market cap of $3.86 billion, a PE ratio of 21.13 and a beta of 0.96.

Hedge Funds Weigh In On iShares MSCI World ETF

A number of large investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. purchased a new stake in shares of iShares MSCI World ETF during the third quarter worth approximately $27,000. Archer Investment Corp grew its holdings in shares of iShares MSCI World ETF by 97.1% during the third quarter. Archer Investment Corp now owns 203 shares of the company’s stock worth $32,000 after buying an additional 100 shares in the last quarter. Runnymede Capital Advisors Inc. acquired a new stake in shares of iShares MSCI World ETF in the fourth quarter valued at about $37,000. Activest Wealth Management purchased a new position in shares of iShares MSCI World ETF in the third quarter worth about $44,000. Finally, US Bancorp DE acquired a new position in iShares MSCI World ETF during the fourth quarter worth about $45,000.

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.