Prudential PLC Reduces Stock Holdings in iShares MSCI World ETF (NYSEARCA:URTH)

Prudential PLC lowered its stake in iShares MSCI World ETF (NYSEARCA:URTH) by 5.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 634,860 shares of the company’s stock after selling 36,250 shares during the period. iShares MSCI World ETF accounts for approximately 0.5% of Prudential PLC’s holdings, making the stock its 18th biggest holding. Prudential PLC owned 2.69% of iShares MSCI World ETF worth $98,721,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in URTH. Sunbelt Securities Inc. purchased a new position in shares of iShares MSCI World ETF in the 3rd quarter valued at approximately $27,000. Runnymede Capital Advisors Inc. bought a new position in iShares MSCI World ETF in the fourth quarter worth $37,000. US Bancorp DE purchased a new position in iShares MSCI World ETF during the fourth quarter valued at $45,000. Glass Jacobson Investment Advisors llc boosted its holdings in shares of iShares MSCI World ETF by 24.8% during the 3rd 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 in the last quarter. Finally, Principal Securities Inc. grew its position in shares of iShares MSCI World ETF by 22.1% in the 4th quarter. Principal Securities Inc. now owns 414 shares of the company’s stock worth $64,000 after buying an additional 75 shares during the period.

iShares MSCI World ETF Price Performance

Shares of iShares MSCI World ETF stock opened at $148.28 on Friday. iShares MSCI World ETF has a 1 year low of $136.93 and a 1 year high of $164.21. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of 22.05 and a beta of 0.98. The company has a 50-day moving average of $158.36 and a 200 day moving average of $157.91.

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.