Lorne Steinberg Wealth Management Inc. Increases Stock Position in iShares MSCI World ETF (NYSEARCA:URTH)

Lorne Steinberg Wealth Management Inc. boosted its stake in iShares MSCI World ETF (NYSEARCA:URTH) by 21.4% during the fourth quarter, HoldingsChannel reports. The firm owned 6,712 shares of the company’s stock after buying an additional 1,181 shares during the period. Lorne Steinberg Wealth Management Inc.’s holdings in iShares MSCI World ETF were worth $1,044,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in iShares MSCI World ETF by 56.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,700 shares of the company’s stock valued at $2,620,000 after purchasing an additional 6,000 shares in the last quarter. SG Americas Securities LLC raised its stake in iShares MSCI World ETF by 5.7% in the fourth quarter. SG Americas Securities LLC now owns 3,285 shares of the company’s stock valued at $511,000 after purchasing an additional 178 shares in the last quarter. Choreo LLC purchased a new stake in iShares MSCI World ETF in the fourth quarter valued at approximately $223,000. Victory Capital Management Inc. grew its position in iShares MSCI World ETF by 246.9% during the third quarter. Victory Capital Management Inc. now owns 17,324 shares of the company’s stock valued at $2,718,000 after acquiring an additional 12,330 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its position in iShares MSCI World ETF by 73.5% during the third quarter. Sanctuary Advisors LLC now owns 6,221 shares of the company’s stock valued at $991,000 after acquiring an additional 2,635 shares during the last quarter.

iShares MSCI World ETF Price Performance

Shares of NYSEARCA URTH opened at $164.09 on Wednesday. iShares MSCI World ETF has a one year low of $136.83 and a one year high of $164.21. The firm’s 50 day simple moving average is $159.12 and its two-hundred day simple moving average is $156.37. The stock has a market capitalization of $3.87 billion, a P/E ratio of 21.13 and a beta of 0.96.

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.