Mercer Global Advisors Inc. ADV Acquires New Position in iShares MSCI World ETF (NYSEARCA:URTH)

Mercer Global Advisors Inc. ADV acquired a new position in shares of iShares MSCI World ETF (NYSEARCA:URTH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,821 shares of the company’s stock, valued at approximately $439,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. raised its stake in shares of iShares MSCI World ETF by 233.8% during the 4th quarter. Principal Financial Group Inc. now owns 365,827 shares of the company’s stock worth $56,886,000 after buying an additional 256,230 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares MSCI World ETF by 219.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 279,894 shares of the company’s stock valued at $43,523,000 after acquiring an additional 192,199 shares in the last quarter. Banco Santander S.A. raised its position in iShares MSCI World ETF by 56.8% during the fourth quarter. Banco Santander S.A. now owns 264,780 shares of the company’s stock worth $41,173,000 after acquiring an additional 95,938 shares during the last quarter. Barings LLC raised 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 acquiring an additional 51,701 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI World ETF by 4.3% in the fourth quarter. JPMorgan Chase & Co. now owns 206,051 shares of the company’s stock valued at $32,041,000 after purchasing an additional 8,551 shares in the last quarter.

iShares MSCI World ETF Price Performance

URTH stock opened at $161.62 on Wednesday. The company’s 50 day simple moving average is $151.72 and its 200-day simple moving average is $156.60. iShares MSCI World ETF has a 12 month low of $132.93 and a 12 month high of $164.21. The firm has a market capitalization of $4.74 billion, a PE 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.