iShares MSCI World ETF (NYSEARCA:URTH) Sees Large Volume Increase – Here’s Why

iShares MSCI World ETF (NYSEARCA:URTH) shares saw unusually-high trading volume on Wednesday . Approximately 144,281 shares traded hands during trading, a decline of 36% from the previous session’s volume of 224,554 shares.The stock last traded at $156.03 and had previously closed at $156.07.

iShares MSCI World ETF Price Performance

The firm has a 50-day moving average of $151.55 and a 200 day moving average of $147.70. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 21.13 and a beta of 0.96.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its holdings in iShares MSCI World ETF by 12.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 685,060 shares of the company’s stock worth $91,127,000 after purchasing an additional 76,665 shares during the last quarter. Barings LLC increased its stake in iShares MSCI World ETF by 8.9% during the 2nd quarter. Barings LLC now owns 293,582 shares of the company’s stock worth $43,300,000 after acquiring an additional 23,929 shares during the period. Evensky & Katz LLC increased its stake in iShares MSCI World ETF by 1.1% during the 3rd quarter. Evensky & Katz LLC now owns 281,756 shares of the company’s stock worth $44,210,000 after acquiring an additional 2,931 shares during the period. Bank of Montreal Can increased its stake in iShares MSCI World ETF by 135.7% during the 2nd quarter. Bank of Montreal Can now owns 178,003 shares of the company’s stock worth $26,334,000 after acquiring an additional 102,495 shares during the period. Finally, Principal Financial Group Inc. increased its stake in iShares MSCI World ETF by 86.8% during the 1st quarter. Principal Financial Group Inc. now owns 151,737 shares of the company’s stock worth $21,988,000 after acquiring an additional 70,524 shares during the period.

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.