Independent Advisor Alliance Buys New Shares in iShares MSCI World ETF (NYSEARCA:URTH)

Independent Advisor Alliance bought a new stake in iShares MSCI World ETF (NYSEARCA:URTH) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,802 shares of the company’s stock, valued at approximately $436,000.

Several other hedge funds have also recently made changes to their positions in URTH. Sunbelt Securities Inc. acquired a new position in shares of iShares MSCI World ETF in the 3rd quarter valued at $27,000. Activest Wealth Management acquired a new position in shares of iShares MSCI World ETF in the 3rd quarter valued at $44,000. US Bancorp DE acquired a new stake in iShares MSCI World ETF during the 4th quarter worth about $45,000. Glass Jacobson Investment Advisors llc grew its position in iShares MSCI World ETF by 24.8% during the 3rd 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, Principal Securities Inc. grew its position in iShares MSCI World ETF by 22.1% during the 4th quarter. Principal Securities Inc. now owns 414 shares of the company’s stock worth $64,000 after purchasing an additional 75 shares during the period.

iShares MSCI World ETF Stock Performance

Shares of URTH opened at $155.87 on Tuesday. The business’s 50-day moving average is $159.08 and its two-hundred day moving average is $157.70. The company has a market capitalization of $4.32 billion, a P/E ratio of 21.98 and a beta of 0.98. iShares MSCI World ETF has a fifty-two week low of $136.93 and a fifty-two week high of $164.21.

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.