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

Sumitomo Mitsui DS Asset Management Company Ltd trimmed its holdings in iShares MSCI World ETF (NYSEARCA:URTH) by 8.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 491,232 shares of the company’s stock after selling 48,074 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in iShares MSCI World ETF were worth $91,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Clearstead Advisors LLC increased its holdings in shares of iShares MSCI World ETF by 107.9% in the 3rd quarter. Clearstead Advisors LLC now owns 262 shares of the company’s stock valued at $48,000 after acquiring an additional 136 shares during the period. MAI Capital Management acquired a new position in shares of iShares MSCI World ETF in the 3rd quarter valued at $50,000. Comerica Bank increased its holdings in shares of iShares MSCI World ETF by 51.1% in the 3rd quarter. Comerica Bank now owns 281 shares of the company’s stock valued at $51,000 after acquiring an additional 95 shares during the period. Close Asset Management Ltd acquired a new position in shares of iShares MSCI World ETF in the 3rd quarter valued at $54,000. Finally, Farther Finance Advisors LLC acquired a new position in shares of iShares MSCI World ETF in the 4th quarter valued at $80,000.

iShares MSCI World ETF Price Performance

Shares of iShares MSCI World ETF stock opened at $197.03 on Wednesday. The firm’s fifty day simple moving average is $187.32 and its 200-day simple moving average is $186.73. The stock has a market capitalization of $8.39 billion, a price-to-earnings ratio of 22.04 and a beta of 0.95. iShares MSCI World ETF has a 12 month low of $155.05 and a 12 month high of $197.88.

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.