Family Asset Management LLC Cuts Stock Holdings in iShares MSCI World ETF (NYSEARCA:URTH)

Family Asset Management LLC trimmed its stake in iShares MSCI World ETF (NYSEARCA:URTH) by 3.1% during the 4th quarter, Holdings Channel reports. The firm owned 10,748 shares of the company’s stock after selling 346 shares during the quarter. iShares MSCI World ETF comprises approximately 1.0% of Family Asset Management LLC’s portfolio, making the stock its 25th biggest holding. Family Asset Management LLC’s holdings in iShares MSCI World ETF were worth $1,430,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Royal Bank of Canada increased its holdings in shares of iShares MSCI World ETF by 5.0% in the 3rd quarter. Royal Bank of Canada now owns 1,491,795 shares of the company’s stock worth $179,268,000 after buying an additional 71,097 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in iShares MSCI World ETF by 3.3% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 858,047 shares of the company’s stock valued at $103,112,000 after acquiring an additional 27,264 shares during the last quarter. Principal Financial Group Inc. raised its position in iShares MSCI World ETF by 61.8% during the third quarter. Principal Financial Group Inc. now owns 149,569 shares of the company’s stock valued at $17,974,000 after purchasing an additional 57,112 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its position in iShares MSCI World ETF by 118.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 114,295 shares of the company’s stock valued at $15,204,000 after purchasing an additional 62,058 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in iShares MSCI World ETF by 231.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 106,000 shares of the company’s stock worth $12,738,000 after purchasing an additional 74,000 shares during the last quarter.

iShares MSCI World ETF Trading Up 1.0 %

Shares of URTH traded up $1.36 during midday trading on Monday, reaching $143.14. The stock had a trading volume of 74,666 shares, compared to its average volume of 222,380. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of 21.13 and a beta of 0.96. iShares MSCI World ETF has a 12-month low of $114.70 and a 12-month high of $145.19. The company’s 50-day moving average is $141.79 and its 200 day moving average is $134.20.

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.