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

iShares MSCI World ETF (NYSEARCA:URTH) shares saw unusually-strong trading volume on Tuesday . Approximately 114,076 shares changed hands during trading, a decline of 49% from the previous session’s volume of 221,599 shares.The stock last traded at $153.90 and had previously closed at $153.67.

iShares MSCI World ETF Price Performance

The company has a market cap of $3.62 billion, a PE ratio of 21.13 and a beta of 0.96. The stock has a fifty day moving average price of $149.80 and a 200-day moving average price of $146.23.

Institutional Investors Weigh In On iShares MSCI World ETF

Several hedge funds have recently bought and sold shares of the business. Arlington Financial Advisors LLC grew its stake in shares of iShares MSCI World ETF by 1.9% in the 2nd quarter. Arlington Financial Advisors LLC now owns 4,109 shares of the company’s stock valued at $606,000 after buying an additional 76 shares in the last quarter. National Bank of Canada FI increased its stake in shares of iShares MSCI World ETF by 73.4% during the 2nd quarter. National Bank of Canada FI now owns 189 shares of the company’s stock worth $28,000 after purchasing an additional 80 shares during the last quarter. Lorne Steinberg Wealth Management Inc. raised its holdings in shares of iShares MSCI World ETF by 3.7% during the 1st quarter. Lorne Steinberg Wealth Management Inc. now owns 3,132 shares of the company’s stock valued at $454,000 after purchasing an additional 113 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in shares of iShares MSCI World ETF by 31.3% in the 1st quarter. 1832 Asset Management L.P. now owns 591 shares of the company’s stock valued at $86,000 after purchasing an additional 141 shares during the last quarter. Finally, Blair William & Co. IL increased its position in iShares MSCI World ETF by 2.5% during the second quarter. Blair William & Co. IL now owns 6,254 shares of the company’s stock worth $922,000 after buying an additional 154 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.