iShares MSCI World ETF (NYSEARCA:URTH) Sees Unusually-High Trading Volume

iShares MSCI World ETF (NYSEARCA:URTH) shares saw unusually-strong trading volume on Tuesday . Approximately 109,987 shares were traded during mid-day trading, a decline of 51% from the previous session’s volume of 226,047 shares.The stock last traded at $155.71 and had previously closed at $156.91.

iShares MSCI World ETF Stock Down 1.0 %

The firm’s 50 day simple moving average is $150.63 and its two-hundred day simple moving average is $147.18. The stock has a market capitalization of $3.67 billion, a P/E ratio of 21.13 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares MSCI World ETF by 7.8% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 13,369 shares of the company’s stock worth $1,778,000 after purchasing an additional 971 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of iShares MSCI World ETF by 12.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 685,060 shares of the company’s stock valued at $91,127,000 after buying an additional 76,665 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in shares of iShares MSCI World ETF during the fourth quarter valued at about $217,000. Fullerton Fund Management Co Ltd. increased its position in shares of iShares MSCI World ETF by 155.6% during the fourth quarter. Fullerton Fund Management Co Ltd. now owns 23,000 shares of the company’s stock worth $3,059,000 after acquiring an additional 14,000 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its position in shares of iShares MSCI World ETF by 3.6% during the fourth quarter. Chicago Partners Investment Group LLC now owns 4,689 shares of the company’s stock worth $630,000 after acquiring an additional 165 shares in 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.