Bank of America Corp DE Has $115.42 Million Stake in iShares MSCI World ETF (NYSEARCA:URTH)

Bank of America Corp DE raised its stake in iShares MSCI World ETF (NYSEARCA:URTH) by 258.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 742,267 shares of the company’s stock after purchasing an additional 535,132 shares during the quarter. Bank of America Corp DE owned 3.15% of iShares MSCI World ETF worth $115,423,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Principal Financial Group Inc. raised its position in iShares MSCI World ETF by 146.9% in the 3rd quarter. Principal Financial Group Inc. now owns 109,597 shares of the company’s stock valued at $17,197,000 after buying an additional 65,207 shares during the last quarter. CHB Investment Group LLC raised its holdings in shares of iShares MSCI World ETF by 147.8% in the fourth quarter. CHB Investment Group LLC now owns 6,512 shares of the company’s stock valued at $1,013,000 after purchasing an additional 3,884 shares during the last quarter. Park Avenue Securities LLC bought a new position in shares of iShares MSCI World ETF during the fourth quarter valued at about $3,598,000. BFI Infinity Ltd. bought a new position in shares of iShares MSCI World ETF during the fourth quarter valued at about $208,000. Finally, LVW Advisors LLC purchased a new position in iShares MSCI World ETF during the fourth quarter worth about $691,000.

iShares MSCI World ETF Stock Performance

NYSEARCA:URTH opened at $156.78 on Friday. iShares MSCI World ETF has a 52 week low of $132.93 and a 52 week high of $164.21. The firm has a 50-day moving average price of $151.59 and a two-hundred day moving average price of $156.53. The firm has a market cap of $4.59 billion, a price-to-earnings ratio of 21.75 and a beta of 0.97.

iShares MSCI World ETF 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.