Corundum Group Inc. Buys New Shares in iShares MSCI World ETF (NYSEARCA:URTH)

Corundum Group Inc. purchased a new position in iShares MSCI World ETF (NYSEARCA:URTH) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,326 shares of the company’s stock, valued at approximately $206,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sunbelt Securities Inc. acquired a new position in shares of iShares MSCI World ETF in the 3rd quarter valued at $27,000. Archer Investment Corp increased its stake in iShares MSCI World ETF by 97.1% in the third quarter. Archer Investment Corp now owns 203 shares of the company’s stock valued at $32,000 after acquiring an additional 100 shares during the period. Activest Wealth Management acquired a new position in iShares MSCI World ETF in the third quarter worth about $44,000. Glass Jacobson Investment Advisors llc lifted its stake in iShares MSCI World ETF by 24.8% during the third quarter. Glass Jacobson Investment Advisors llc now owns 408 shares of the company’s stock worth $64,000 after purchasing an additional 81 shares during the period. Finally, Tsfg LLC acquired a new stake in iShares MSCI World ETF during the third quarter valued at approximately $79,000.

iShares MSCI World ETF Trading Up 0.8 %

NYSEARCA:URTH opened at $158.40 on Monday. The stock has a market capitalization of $3.74 billion, a P/E ratio of 21.13 and a beta of 0.96. iShares MSCI World ETF has a 1 year low of $131.27 and a 1 year high of $163.18. The firm has a 50 day moving average of $158.55 and a 200-day moving average of $154.70.

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.