Webster Bank N. A. Makes New Investment in iShares MSCI World ETF (NYSEARCA:URTH)

Webster Bank N. A. bought a new position in iShares MSCI World ETF (NYSEARCA:URTH) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 300 shares of the company’s stock, valued at approximately $43,000.

A number of other hedge funds have also added to or reduced their stakes in URTH. Cary Street Partners Investment Advisory LLC increased its holdings in shares of iShares MSCI World ETF by 128.3% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 210 shares of the company’s stock valued at $25,000 after acquiring an additional 118 shares in the last quarter. First Horizon Advisors Inc. purchased a new position in shares of iShares MSCI World ETF during the fourth quarter valued at approximately $28,000. LFA Lugano Financial Advisors SA purchased a new position in shares of iShares MSCI World ETF during the fourth quarter valued at approximately $55,000. SYM FINANCIAL Corp boosted its position in shares of iShares MSCI World ETF by 4,354.5% during the fourth quarter. SYM FINANCIAL Corp now owns 490 shares of the company’s stock valued at $65,000 after buying an additional 479 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in shares of iShares MSCI World ETF during the third quarter valued at approximately $104,000.

iShares MSCI World ETF Trading Down 0.2 %

Shares of NYSEARCA:URTH traded down $0.25 during mid-day trading on Friday, hitting $147.49. 135,054 shares of the company traded hands, compared to its average volume of 211,721. The stock has a market cap of $3.48 billion, a P/E 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 $148.86. The stock has a 50-day moving average price of $145.03 and a two-hundred day moving average price of $140.21.

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.