iShares MSCI World ETF (NYSEARCA:URTH) Short Interest Update

iShares MSCI World ETF (NYSEARCA:URTH) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 1,920,988 shares, a growth of 447.4% from the April 15th total of 350,960 shares. Approximately 4.5% of the company’s stock are short sold. Based on an average trading volume of 2,527,743 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On iShares MSCI World ETF

A number of large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares MSCI World ETF by 2,255.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,001,044 shares of the company’s stock worth $185,964,000 after buying an additional 958,545 shares in the last quarter. Amundi acquired a new stake in shares of iShares MSCI World ETF during the third quarter valued at about $147,843,000. Royal Bank of Canada increased its position in shares of iShares MSCI World ETF by 17.5% during the fourth quarter. Royal Bank of Canada now owns 2,027,632 shares of the company’s stock worth $376,672,000 after acquiring an additional 301,540 shares during the last quarter. CI Investments Inc. lifted its stake in shares of iShares MSCI World ETF by 255.4% in the fourth quarter. CI Investments Inc. now owns 391,402 shares of the company’s stock worth $72,711,000 after acquiring an additional 281,273 shares in the last quarter. Finally, Sava Penzisko Drushtvo A.D. Skopje acquired a new position in shares of iShares MSCI World ETF in the third quarter worth about $36,766,000.

iShares MSCI World ETF Trading Up 0.6%

NYSEARCA:URTH traded up $1.11 during trading hours on Thursday, hitting $202.74. The stock had a trading volume of 677,796 shares, compared to its average volume of 812,074. The company has a market cap of $8.64 billion, a PE ratio of 22.04 and a beta of 0.95. The business has a 50 day simple moving average of $188.80 and a two-hundred day simple moving average of $187.63. iShares MSCI World ETF has a 1-year low of $159.63 and a 1-year high of $203.17.

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.