iShares MSCI World ETF (NYSEARCA:URTH) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares MSCI World ETF (NYSEARCA:URTH) saw an uptick in trading volume on Thursday . 379,817 shares were traded during trading, an increase of 49% from the previous session’s volume of 254,463 shares.The stock last traded at $149.72 and had previously closed at $154.63.

iShares MSCI World ETF Stock Performance

The stock has a fifty day simple moving average of $158.63 and a two-hundred day simple moving average of $157.98. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 22.05 and a beta of 0.98.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. PKO Investment Management Joint Stock Co acquired a new position in shares of iShares MSCI World ETF during the fourth quarter worth approximately $3,856,000. BridgePort Financial Solutions LLC bought a new position in shares of iShares MSCI World ETF in the fourth quarter valued at $337,000. Jefferies Financial Group Inc. grew its holdings in shares of iShares MSCI World ETF by 0.9% during the fourth quarter. Jefferies Financial Group Inc. now owns 34,432 shares of the company’s stock valued at $5,354,000 after buying an additional 310 shares during the last quarter. Mackenzie Financial Corp bought a new stake in shares of iShares MSCI World ETF during the fourth quarter worth about $6,643,000. Finally, Focus Partners Advisor Solutions LLC acquired a new stake in shares of iShares MSCI World ETF in the 4th quarter worth about $257,000.

iShares MSCI World ETF Company Profile

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.