iShares MSCI World ETF (NYSEARCA:URTH) Hits New 12-Month High – Time to Buy?

iShares MSCI World ETF (NYSEARCA:URTH) hit a new 52-week high on Monday . The stock traded as high as $210.75 and last traded at $210.46, with a volume of 453193 shares traded. The stock had previously closed at $210.47.

iShares MSCI World ETF Stock Down 0.1%

The firm’s fifty day moving average is $202.86 and its 200-day moving average is $195.03. The stock has a market capitalization of $8.26 billion, a PE ratio of 22.04 and a beta of 0.95.

Institutional Investors Weigh In On iShares MSCI World ETF

Large investors have recently added to or reduced their stakes in the company. Asset Advisory Group Inc. boosted its stake in iShares MSCI World ETF by 0.4% during the 2nd quarter. Asset Advisory Group Inc. now owns 13,435 shares of the company’s stock worth $2,723,000 after acquiring an additional 55 shares during the last quarter. AlTi Global Inc. boosted its holdings in shares of iShares MSCI World ETF by 1.0% during the fourth quarter. AlTi Global Inc. now owns 6,131 shares of the company’s stock worth $1,139,000 after acquiring an additional 59 shares during the period. Chicago Partners Investment Group LLC boosted its position in shares of iShares MSCI World ETF by 2.9% in the first quarter. Chicago Partners Investment Group LLC now owns 2,910 shares of the company’s stock valued at $567,000 after acquiring an additional 82 shares during the period. Comerica Bank increased its holdings in iShares MSCI World ETF by 51.1% in the 3rd quarter. Comerica Bank now owns 281 shares of the company’s stock valued at $51,000 after buying an additional 95 shares during the period. Finally, LFA Lugano Financial Advisors SA lifted its stake in iShares MSCI World ETF by 20.7% during the first quarter. LFA Lugano Financial Advisors SA now owns 723 shares of the company’s stock worth $130,000 after purchasing an additional 124 shares during the last quarter.

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.