Northwestern Mutual Wealth Management Co. Has $185.96 Million Position in iShares MSCI World ETF $URTH

Northwestern Mutual Wealth Management Co. increased its position in iShares MSCI World ETF (NYSEARCA:URTH) by 2,255.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,001,044 shares of the company’s stock after buying an additional 958,545 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI World ETF were worth $185,964,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in URTH. Amundi acquired a new position in iShares MSCI World ETF in the third quarter worth approximately $147,843,000. Sava Penzisko Drushtvo A.D. Skopje acquired a new position in iShares MSCI World ETF in the third quarter worth approximately $36,766,000. Bank of America Corp DE increased its holdings in iShares MSCI World ETF by 77.4% in the third quarter. Bank of America Corp DE now owns 359,565 shares of the company’s stock worth $65,283,000 after buying an additional 156,891 shares during the last quarter. Arizona PSPRS Trust acquired a new position in iShares MSCI World ETF in the third quarter worth approximately $21,355,000. Finally, Bank of Montreal Can increased its holdings in iShares MSCI World ETF by 74.2% in the third quarter. Bank of Montreal Can now owns 263,036 shares of the company’s stock worth $47,757,000 after buying an additional 112,004 shares during the last quarter.

iShares MSCI World ETF Stock Down 1.4%

Shares of URTH stock opened at $199.92 on Friday. iShares MSCI World ETF has a 12 month low of $159.63 and a 12 month high of $203.17. The business’s 50 day moving average is $189.02 and its two-hundred day moving average is $187.72. The company has a market cap of $8.52 billion, a PE ratio of 22.04 and a beta of 0.95.

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.