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

iShares MSCI World ETF (NYSEARCA:URTH) saw unusually-strong trading volume on Friday . Approximately 552,040 shares were traded during mid-day trading, an increase of 161% from the previous session’s volume of 211,781 shares.The stock last traded at $152.87 and had previously closed at $151.27.

iShares MSCI World ETF Trading Up 0.7 %

The firm has a market capitalization of $3.60 billion, a price-to-earnings ratio of 21.13 and a beta of 0.96. The stock’s fifty day moving average price is $146.87 and its two-hundred day moving average price is $141.34.

Institutional Trading of iShares MSCI World ETF

Several institutional investors have recently modified their holdings of the stock. Evensky & Katz LLC acquired a new stake in iShares MSCI World ETF during the 1st quarter worth $39,940,000. Banco Santander S.A. increased its position in shares of iShares MSCI World ETF by 572.3% during the first quarter. Banco Santander S.A. now owns 102,941 shares of the company’s stock worth $14,917,000 after purchasing an additional 87,629 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares MSCI World ETF by 12.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 685,060 shares of the company’s stock valued at $91,127,000 after purchasing an additional 76,665 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of iShares MSCI World ETF by 86.8% in the 1st quarter. Principal Financial Group Inc. now owns 151,737 shares of the company’s stock valued at $21,988,000 after purchasing an additional 70,524 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its stake in iShares MSCI World ETF by 118.8% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 114,295 shares of the company’s stock worth $15,204,000 after buying an additional 62,058 shares during the last quarter.

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.