iShares MSCI World ETF $URTH Shares Sold by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd decreased its position in iShares MSCI World ETF (NYSEARCA:URTH) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 491,232 shares of the company’s stock after selling 48,074 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd owned 1.35% of iShares MSCI World ETF worth $91,256,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in URTH. Clearstead Advisors LLC raised its holdings in iShares MSCI World ETF by 107.9% during the third quarter. Clearstead Advisors LLC now owns 262 shares of the company’s stock worth $48,000 after purchasing an additional 136 shares in the last quarter. MAI Capital Management acquired a new stake in iShares MSCI World ETF during the third quarter worth approximately $50,000. Comerica Bank raised its holdings in iShares MSCI World ETF by 51.1% during the third quarter. Comerica Bank now owns 281 shares of the company’s stock worth $51,000 after purchasing an additional 95 shares in the last quarter. Close Asset Management Ltd acquired a new stake in iShares MSCI World ETF during the third quarter worth approximately $54,000. Finally, Farther Finance Advisors LLC acquired a new stake in iShares MSCI World ETF during the fourth quarter worth approximately $80,000.

iShares MSCI World ETF Trading Up 0.8%

URTH stock opened at $197.03 on Wednesday. iShares MSCI World ETF has a twelve month low of $155.05 and a twelve month high of $197.88. The company’s 50 day moving average is $187.32 and its two-hundred day moving average is $186.73. The stock has a market cap of $8.39 billion, a P/E ratio of 22.04 and a beta of 0.95.

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.