Barings LLC Reduces Stock Position in iShares MSCI World ETF $URTH

Barings LLC cut its holdings in iShares MSCI World ETF (NYSEARCA:URTH) by 8.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 265,375 shares of the company’s stock after selling 23,546 shares during the period. iShares MSCI World ETF comprises 0.8% of Barings LLC’s holdings, making the stock its 14th largest holding. Barings LLC owned approximately 0.62% of iShares MSCI World ETF worth $47,773,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Dara Capital US Inc. bought a new stake in shares of iShares MSCI World ETF in the 4th quarter worth about $1,932,000. UBS Group AG grew its holdings in iShares MSCI World ETF by 14.1% during the 4th quarter. UBS Group AG now owns 180,736 shares of the company’s stock valued at $33,575,000 after purchasing an additional 22,279 shares during the last quarter. Empire Life Investments Inc. grew its holdings in iShares MSCI World ETF by 6.8% during the 4th quarter. Empire Life Investments Inc. now owns 82,743 shares of the company’s stock valued at $15,371,000 after purchasing an additional 5,293 shares during the last quarter. M&T Bank Corp raised its position in iShares MSCI World ETF by 168.4% in the 4th quarter. M&T Bank Corp now owns 22,497 shares of the company’s stock worth $4,179,000 after purchasing an additional 14,115 shares during the period. Finally, Pinebridge Investments LLC purchased a new stake in iShares MSCI World ETF in the 4th quarter worth about $22,143,000.

iShares MSCI World ETF Price Performance

Shares of NYSEARCA URTH opened at $203.58 on Friday. The company has a market cap of $8.10 billion, a P/E ratio of 22.04 and a beta of 0.95. iShares MSCI World ETF has a 1 year low of $168.23 and a 1 year high of $206.33. The firm has a 50-day simple moving average of $202.25 and a two-hundred day simple moving average of $193.26.

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.