iShares MSCI World Small-Cap ETF (NASDAQ:WSML) Reaches New 52-Week High – Here’s What Happened

iShares MSCI World Small-Cap ETF (NASDAQ:WSML) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $35.21 and last traded at $35.16, with a volume of 3687 shares changing hands. The stock had previously closed at $34.78.

iShares MSCI World Small-Cap ETF Stock Up 0.9%

The business has a fifty day moving average of $33.74 and a 200 day moving average of $32.46. The firm has a market cap of $666.90 million, a P/E ratio of -6,496.39 and a beta of 0.80.

Institutional Investors Weigh In On iShares MSCI World Small-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC bought a new stake in iShares MSCI World Small-Cap ETF in the third quarter valued at about $26,000. National Bank of Canada FI bought a new stake in iShares MSCI World Small-Cap ETF in the third quarter valued at about $51,000. Smartleaf Asset Management LLC bought a new stake in iShares MSCI World Small-Cap ETF in the second quarter valued at about $162,000. Jane Street Group LLC increased its holdings in iShares MSCI World Small-Cap ETF by 157.7% in the fourth quarter. Jane Street Group LLC now owns 23,238 shares of the company’s stock valued at $707,000 after purchasing an additional 14,220 shares during the last quarter. Finally, State Street Corp bought a new stake in iShares MSCI World Small-Cap ETF in the fourth quarter valued at about $1,022,000.

About iShares MSCI World Small-Cap ETF

The iShares MSCI World Small-Cap ETF seeks to track the performance of small capitalization companies across developed markets globally by replicating the MSCI World Small Cap Index.