Pekin Hardy Strauss Inc. Takes $690,000 Position in iShares MSCI World ETF (NYSEARCA:URTH)

Pekin Hardy Strauss Inc. bought a new position in shares of iShares MSCI World ETF (NYSEARCA:URTH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,400 shares of the company’s stock, valued at approximately $690,000.

Several other institutional investors and hedge funds have also bought and sold shares of URTH. Barings LLC grew its stake in iShares MSCI World ETF by 8.9% in the second quarter. Barings LLC now owns 293,582 shares of the company’s stock valued at $43,300,000 after acquiring an additional 23,929 shares during the period. Evensky & Katz LLC increased its stake in iShares MSCI World ETF by 1.1% during the 3rd quarter. Evensky & Katz LLC now owns 281,756 shares of the company’s stock valued at $44,210,000 after purchasing an additional 2,931 shares in the last quarter. Bank of Montreal Can raised its holdings in iShares MSCI World ETF by 135.7% during the second quarter. Bank of Montreal Can now owns 178,003 shares of the company’s stock worth $26,334,000 after buying an additional 102,495 shares during the last quarter. Banco Santander S.A. lifted its stake in shares of iShares MSCI World ETF by 27.4% in the third quarter. Banco Santander S.A. now owns 168,842 shares of the company’s stock valued at $26,493,000 after buying an additional 36,300 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of iShares MSCI World ETF by 54.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 146,524 shares of the company’s stock valued at $22,949,000 after buying an additional 51,370 shares during the last quarter.

iShares MSCI World ETF Price Performance

URTH opened at $159.26 on Monday. iShares MSCI World ETF has a fifty-two week low of $127.00 and a fifty-two week high of $160.53. The firm has a market capitalization of $3.76 billion, a PE ratio of 21.13 and a beta of 0.96. The company’s 50-day moving average is $156.74 and its 200 day moving average is $151.35.

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.