iShares MSCI World Small-Cap ETF (NASDAQ:WSML) Hits New 52-Week High – Time to Buy?

iShares MSCI World Small-Cap ETF (NASDAQ:WSML) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $34.42 and last traded at $34.42, with a volume of 214 shares traded. The stock had previously closed at $33.50.

iShares MSCI World Small-Cap ETF Stock Performance

The stock has a 50 day moving average price of $32.35 and a 200 day moving average price of $31.66. The company has a market cap of $655.50 million, a P/E ratio of -6,385.34 and a beta of 1.33.

Institutional Trading of iShares MSCI World Small-Cap ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares MSCI World Small-Cap ETF in the 3rd quarter worth $26,000. National Bank of Canada FI bought a new stake in shares of iShares MSCI World Small-Cap ETF in the 3rd quarter worth $51,000. Smartleaf Asset Management LLC bought a new stake in shares of iShares MSCI World Small-Cap ETF in the 2nd quarter worth $162,000. Jane Street Group LLC raised its stake in shares of iShares MSCI World Small-Cap ETF by 157.7% in the 4th quarter. Jane Street Group LLC now owns 23,238 shares of the company’s stock worth $707,000 after buying an additional 14,220 shares in the last quarter. Finally, State Street Corp acquired a new stake in shares of iShares MSCI World Small-Cap ETF during the fourth quarter worth $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.