iShares MSCI World ETF (NYSEARCA:URTH – Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,920,988 shares, a growth of 447.4% from the April 15th total of 350,960 shares. Based on an average daily trading volume, of 2,527,743 shares, the short-interest ratio is presently 0.8 days. Currently, 4.5% of the shares of the company are sold short.
iShares MSCI World ETF Stock Up 0.6%
Shares of NYSEARCA:URTH opened at $202.74 on Friday. The company has a market cap of $8.64 billion, a P/E ratio of 22.04 and a beta of 0.95. iShares MSCI World ETF has a 52 week low of $159.63 and a 52 week high of $203.17. The company has a 50-day moving average price of $188.80 and a 200 day moving average price of $187.63.
Institutional Investors Weigh In On iShares MSCI World ETF
A number of hedge funds have recently added to or reduced their stakes in the company. Compound Planning Inc. lifted its position in iShares MSCI World ETF by 9.1% in the first quarter. Compound Planning Inc. now owns 5,961 shares of the company’s stock valued at $1,073,000 after purchasing an additional 497 shares during the period. Modern Wealth Management LLC acquired a new stake in iShares MSCI World ETF in the first quarter valued at about $611,000. Assetmark Inc. acquired a new stake in iShares MSCI World ETF in the first quarter valued at about $33,000. Independent Financial Group LLC acquired a new stake in iShares MSCI World ETF in the first quarter valued at about $286,000. Finally, Prosperity Consulting Group LLC acquired a new stake in iShares MSCI World ETF in the first quarter valued at about $219,000.
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.
Read More
- Five stocks we like better than iShares MSCI World ETF
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for iShares MSCI World ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI World ETF and related companies with MarketBeat.com's FREE daily email newsletter.
