LWM Advisory Services LLC Purchases Shares of 5,582 iShares MSCI World ETF (NYSEARCA:URTH)

LWM Advisory Services LLC purchased a new stake in shares of iShares MSCI World ETF (NYSEARCA:URTH) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,582 shares of the company’s stock, valued at approximately $743,000.

A number of other hedge funds have also bought and sold shares of URTH. Mirae Asset Global Investments Co. Ltd. increased its stake in iShares MSCI World ETF by 231.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 106,000 shares of the company’s stock valued at $12,738,000 after purchasing an additional 74,000 shares in the last quarter. Royal Bank of Canada increased its stake in iShares MSCI World ETF by 5.0% during the 3rd quarter. Royal Bank of Canada now owns 1,491,795 shares of the company’s stock valued at $179,268,000 after purchasing an additional 71,097 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in iShares MSCI World ETF by 118.8% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 114,295 shares of the company’s stock valued at $15,204,000 after purchasing an additional 62,058 shares in the last quarter. Principal Financial Group Inc. increased its stake in iShares MSCI World ETF by 61.8% during the 3rd quarter. Principal Financial Group Inc. now owns 149,569 shares of the company’s stock valued at $17,974,000 after purchasing an additional 57,112 shares in the last quarter. Finally, Fulcrum Equity Management acquired a new position in iShares MSCI World ETF during the 4th quarter valued at approximately $6,144,000.

iShares MSCI World ETF Price Performance

iShares MSCI World ETF stock traded up $0.43 during mid-day trading on Monday, reaching $141.23. 129,390 shares of the company traded hands, compared to its average volume of 228,833. iShares MSCI World ETF has a fifty-two week low of $114.70 and a fifty-two week high of $145.19. The company has a market capitalization of $3.33 billion, a price-to-earnings ratio of 21.13 and a beta of 0.96. The firm’s fifty day moving average is $141.58 and its two-hundred day moving average is $133.36.

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.