iShares MSCI World ETF (NYSEARCA:URTH) Sets New 12-Month High – Should You Buy?

iShares MSCI World ETF (NYSEARCA:URTH)’s stock price reached a new 52-week high on Monday . The company traded as high as $210.75 and last traded at $210.46, with a volume of 453193 shares changing hands. The stock had previously closed at $210.47.

iShares MSCI World ETF Price Performance

The firm has a market capitalization of $8.26 billion, a P/E ratio of 22.04 and a beta of 0.95. The stock has a fifty day simple moving average of $202.86 and a two-hundred day simple moving average of $195.03.

Institutional Trading of iShares MSCI World ETF

Several hedge funds have recently bought and sold shares of the business. Asset Advisory Group Inc. raised its holdings in shares of iShares MSCI World ETF by 0.4% in the second quarter. Asset Advisory Group Inc. now owns 13,435 shares of the company’s stock valued at $2,723,000 after purchasing an additional 55 shares during the last quarter. Rathbones Group PLC purchased a new stake in iShares MSCI World ETF in the 1st quarter worth approximately $225,000. NewEdge Advisors LLC raised its stake in iShares MSCI World ETF by 2.1% in the first quarter. NewEdge Advisors LLC now owns 28,424 shares of the company’s stock valued at $5,117,000 after purchasing an additional 571 shares in the last quarter. Lavelle Capital LP bought a new position in shares of iShares MSCI World ETF during the 1st quarter valued at about $4,624,000. Finally, Guardian Partners Inc. purchased a new position in iShares MSCI World ETF in the 1st quarter worth $53,000.

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.