iShares MSCI World ETF (NYSEARCA:URTH) Sets New 1-Year High – Should You Buy?

iShares MSCI World ETF (NYSEARCA:URTH) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $196.59 and last traded at $196.59, with a volume of 543504 shares. The stock had previously closed at $193.87.

iShares MSCI World ETF Trading Up 1.4%

The company has a market capitalization of $8.24 billion, a PE ratio of 22.04 and a beta of 0.95. The firm has a fifty day moving average of $187.07 and a two-hundred day moving average of $186.47.

Institutional Investors Weigh In On iShares MSCI World ETF

Several institutional investors have recently bought and sold shares of the stock. Integrity Wealth Partners LLC purchased a new stake in iShares MSCI World ETF during the 1st quarter valued at about $793,000. Keystone Global Partners LLC boosted its holdings in iShares MSCI World ETF by 53.4% during the 1st quarter. Keystone Global Partners LLC now owns 50,422 shares of the company’s stock valued at $9,077,000 after acquiring an additional 17,543 shares during the period. Union Bancaire Privee UBP SA boosted its holdings in iShares MSCI World ETF by 5.4% during the 1st quarter. Union Bancaire Privee UBP SA now owns 6,502 shares of the company’s stock valued at $1,170,000 after acquiring an additional 335 shares during the period. Kestra Private Wealth Services LLC purchased a new stake in iShares MSCI World ETF during the 1st quarter valued at about $728,000. Finally, Asset Advisory Group Inc. boosted its holdings in iShares MSCI World ETF by 4.5% during the 1st quarter. Asset Advisory Group Inc. now owns 13,380 shares of the company’s stock valued at $2,409,000 after acquiring an additional 574 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.