Taikang Asset Management Hong Kong Co Ltd Reduces Stock Position in iShares MSCI World ETF (NYSEARCA:URTH)

Taikang Asset Management Hong Kong Co Ltd decreased its position in iShares MSCI World ETF (NYSEARCA:URTH) by 14.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 65,241 shares of the company’s stock after selling 10,815 shares during the quarter. iShares MSCI World ETF makes up 1.5% of Taikang Asset Management Hong Kong Co Ltd’s investment portfolio, making the stock its 15th largest position. Taikang Asset Management Hong Kong Co Ltd owned 0.28% of iShares MSCI World ETF worth $10,145,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Sunbelt Securities Inc. bought a new position in shares of iShares MSCI World ETF during the third quarter valued at approximately $27,000. Runnymede Capital Advisors Inc. bought a new stake in iShares MSCI World ETF in the fourth quarter valued at $37,000. US Bancorp DE purchased a new position in iShares MSCI World ETF during the 4th quarter valued at $45,000. Glass Jacobson Investment Advisors llc raised its holdings in iShares MSCI World ETF by 24.8% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 408 shares of the company’s stock worth $64,000 after purchasing an additional 81 shares in the last quarter. Finally, Principal Securities Inc. lifted 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 purchasing an additional 75 shares during the period.

iShares MSCI World ETF Price Performance

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

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.