iShares MSCI World ETF (NYSEARCA:URTH) Shares Sold by Royal Bank of Canada

Royal Bank of Canada lessened its stake in iShares MSCI World ETF (NYSEARCA:URTH) by 21.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,348,221 shares of the company’s stock after selling 371,343 shares during the period. Royal Bank of Canada owned approximately 0.06% of iShares MSCI World ETF worth $209,649,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Runnymede Capital Advisors Inc. acquired a new stake in iShares MSCI World ETF during the fourth quarter worth $37,000. Aptus Capital Advisors LLC acquired a new stake in iShares MSCI World ETF during the fourth quarter worth $43,000. US Bancorp DE acquired a new stake in iShares MSCI World ETF during the fourth quarter worth $45,000. Sterling Capital Management LLC acquired a new stake in iShares MSCI World ETF during the fourth quarter worth $47,000. Finally, Principal Securities Inc. increased its stake in iShares MSCI World ETF by 22.1% during the fourth quarter. Principal Securities Inc. now owns 414 shares of the company’s stock worth $64,000 after acquiring an additional 75 shares during the last quarter.

iShares MSCI World ETF Stock Up 0.6%

URTH stock opened at $163.51 on Friday. The business has a fifty day moving average of $152.21 and a two-hundred day moving average of $156.72. The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 21.75 and a beta of 0.97. iShares MSCI World ETF has a 52-week low of $132.93 and a 52-week high of $164.21.

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.