iShares MSCI World ETF (NYSEARCA:URTH) Reaches New 52-Week Low – What’s Next?

iShares MSCI World ETF (NYSEARCA:URTH) reached a new 52-week low during trading on Monday . The company traded as low as $132.93 and last traded at $133.34, with a volume of 172226 shares trading hands. The stock had previously closed at $139.25.

iShares MSCI World ETF Price Performance

The stock has a market cap of $4.11 billion, a PE ratio of 22.05 and a beta of 0.98. The stock has a 50-day simple moving average of $156.49 and a 200-day simple moving average of $157.47.

Institutional Investors Weigh In On iShares MSCI World ETF

Several institutional investors and hedge funds have recently modified their holdings of URTH. Sunbelt Securities Inc. purchased a new position in shares of iShares MSCI World ETF in the third quarter valued at $27,000. Runnymede Capital Advisors Inc. purchased a new position in iShares MSCI World ETF in the 4th quarter valued at about $37,000. Aptus Capital Advisors LLC purchased a new position in iShares MSCI World ETF in the 4th quarter valued at about $43,000. US Bancorp DE acquired a new stake in shares of iShares MSCI World ETF during the fourth quarter valued at about $45,000. Finally, Sterling Capital Management LLC purchased a new stake in shares of 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.