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

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 Down 0.1 %

The firm’s 50-day moving average is $159.03 and its 200-day moving average is $157.72. The company has a market cap of $4.30 billion, a PE ratio of 21.98 and a beta of 0.98.

Institutional Investors Weigh In On iShares MSCI World ETF

Hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. bought a new stake in iShares MSCI World ETF during the third quarter worth about $27,000. Runnymede Capital Advisors Inc. bought a new stake in iShares MSCI World ETF during the fourth quarter worth about $37,000. Aptus Capital Advisors LLC bought a new stake in iShares MSCI World ETF during the fourth quarter worth about $43,000. US Bancorp DE bought a new stake in iShares MSCI World ETF during the fourth quarter worth about $45,000. Finally, Sterling Capital Management LLC bought a new stake in iShares MSCI World ETF during the fourth quarter worth about $47,000.

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.