iShares MSCI World Small-Cap ETF (NASDAQ:WSML) Sets New 12-Month High – Time to Buy?

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

iShares MSCI World Small-Cap ETF Stock Up 1.0%

The company has a market cap of $667.28 million, a price-to-earnings ratio of -6,500.09 and a beta of 0.80. The firm has a 50-day simple moving average of $33.67 and a 200 day simple moving average of $32.44.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. State Street Corp acquired a new position in shares of iShares MSCI World Small-Cap ETF in the fourth quarter valued at approximately $1,022,000. Jane Street Group LLC increased its holdings in shares of 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 period. Smartleaf Asset Management LLC acquired a new position in shares of iShares MSCI World Small-Cap ETF in the second quarter valued at approximately $162,000. National Bank of Canada FI acquired a new position in shares of iShares MSCI World Small-Cap ETF in the third quarter valued at approximately $51,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of iShares MSCI World Small-Cap ETF in the third quarter valued at approximately $26,000.

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.