Taikang Asset Management Hong Kong Co Ltd Sells 10,815 Shares of iShares MSCI World ETF (NYSEARCA:URTH)

Taikang Asset Management Hong Kong Co Ltd decreased its stake in shares of iShares MSCI World ETF (NYSEARCA:URTH) by 14.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 65,241 shares of the company’s stock after selling 10,815 shares during the period. iShares MSCI World ETF comprises about 1.5% of Taikang Asset Management Hong Kong Co Ltd’s holdings, making the stock its 15th biggest position. Taikang Asset Management Hong Kong Co Ltd’s holdings in iShares MSCI World ETF were worth $10,145,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of URTH. Sunbelt Securities Inc. bought a new position in shares of iShares MSCI World ETF during the 3rd quarter valued at about $27,000. Runnymede Capital Advisors Inc. bought a new stake in shares of iShares MSCI World ETF in the fourth quarter worth about $37,000. US Bancorp DE purchased a new stake in shares of iShares MSCI World ETF in the fourth quarter worth about $45,000. Glass Jacobson Investment Advisors llc boosted its stake in iShares MSCI World ETF by 24.8% during the third quarter. Glass Jacobson Investment Advisors llc now owns 408 shares of the company’s stock valued at $64,000 after buying an additional 81 shares during the last quarter. Finally, Principal Securities Inc. grew its holdings in iShares MSCI World ETF by 22.1% during the 4th quarter. Principal Securities Inc. now owns 414 shares of the company’s stock valued at $64,000 after buying an additional 75 shares in the last quarter.

iShares MSCI World ETF Price Performance

Shares of URTH opened at $157.42 on Tuesday. The stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of 21.98 and a beta of 0.98. iShares MSCI World ETF has a 1 year low of $136.93 and a 1 year high of $164.21. The business’s 50 day simple moving average is $159.09 and its 200-day simple moving average is $157.82.

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.