BTG Pactual Asset Management US LLC Invests $229,000 in iShares MSCI World ETF (NYSEARCA:URTH)

BTG Pactual Asset Management US LLC acquired a new position in shares of iShares MSCI World ETF (NYSEARCA:URTH) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 1,470 shares of the company’s stock, valued at approximately $229,000.

Other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its stake in iShares MSCI World ETF by 233.8% in the fourth quarter. Principal Financial Group Inc. now owns 365,827 shares of the company’s stock valued at $56,886,000 after acquiring an additional 256,230 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares MSCI World ETF by 219.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 279,894 shares of the company’s stock valued at $43,523,000 after purchasing an additional 192,199 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI World ETF in the 4th quarter valued at $18,715,000. Banco Santander S.A. boosted its holdings in iShares MSCI World ETF by 56.8% in the fourth quarter. Banco Santander S.A. now owns 264,780 shares of the company’s stock worth $41,173,000 after purchasing an additional 95,938 shares in the last quarter. Finally, Barings LLC increased its position in iShares MSCI World ETF by 26.2% during the fourth quarter. Barings LLC now owns 249,042 shares of the company’s stock worth $38,726,000 after buying an additional 51,701 shares during the last quarter.

iShares MSCI World ETF Price Performance

Shares of NYSEARCA:URTH opened at $146.92 on Monday. The stock has a market capitalization of $4.07 billion, a P/E ratio of 22.05 and a beta of 0.98. The business has a 50-day moving average of $155.41 and a two-hundred day moving average of $157.22. iShares MSCI World ETF has a fifty-two week low of $132.93 and a fifty-two week high of $164.21.

About iShares MSCI World ETF

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.