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

Shares of iShares MSCI World ETF (NYSEARCA:URTH) saw unusually-high trading volume on Friday . Approximately 252,403 shares traded hands during trading, an increase of 1% from the previous session’s volume of 250,574 shares.The stock last traded at $154.11 and had previously closed at $155.33.

iShares MSCI World ETF Stock Performance

The firm has a market capitalization of $4.30 billion, a P/E ratio of 21.98 and a beta of 0.98. The stock has a 50-day moving average of $159.03 and a 200 day moving average of $157.72.

Institutional Investors Weigh In On iShares MSCI World ETF

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

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.