iShares MSCI World ETF $URTH Shares Sold by Lorne Steinberg Wealth Management Inc.

Lorne Steinberg Wealth Management Inc. trimmed its position in shares of iShares MSCI World ETF (NYSEARCA:URTH) by 43.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,494 shares of the company’s stock after selling 4,285 shares during the quarter. Lorne Steinberg Wealth Management Inc.’s holdings in iShares MSCI World ETF were worth $997,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Obermeyer Wealth Partners acquired a new position in iShares MSCI World ETF during the 2nd quarter worth approximately $57,877,000. GAM Holding AG acquired a new stake in iShares MSCI World ETF in the second quarter valued at $24,293,000. Prudential Financial Inc. acquired a new stake in iShares MSCI World ETF in the second quarter valued at $10,504,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of iShares MSCI World ETF by 13.9% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 539,306 shares of the company’s stock valued at $97,916,000 after buying an additional 65,663 shares in the last quarter. Finally, Silphium Asset Management Ltd acquired a new position in shares of iShares MSCI World ETF during the 2nd quarter worth $7,593,000.

iShares MSCI World ETF Stock Up 0.2%

iShares MSCI World ETF stock opened at $188.86 on Monday. The firm has a market capitalization of $6.95 billion, a PE ratio of 22.04 and a beta of 0.97. iShares MSCI World ETF has a 52 week low of $132.93 and a 52 week high of $190.13. The firm’s 50-day simple moving average is $185.99 and its 200 day simple moving average is $180.92.

iShares MSCI World ETF Company 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.