Banque Pictet & Cie SA Acquires 31,527 Shares of iShares MSCI World ETF $URTH

Banque Pictet & Cie SA bought a new position in shares of iShares MSCI World ETF (NYSEARCA:URTH) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 31,527 shares of the company’s stock, valued at approximately $6,502,000.

Several other hedge funds have also recently bought and sold shares of the company. Asset Advisory Group Inc. boosted its holdings in iShares MSCI World ETF by 0.4% during the 2nd quarter. Asset Advisory Group Inc. now owns 13,435 shares of the company’s stock valued at $2,723,000 after acquiring an additional 55 shares during the period. Chicago Partners Investment Group LLC increased its stake in iShares MSCI World ETF by 2.9% during the first quarter. Chicago Partners Investment Group LLC now owns 2,910 shares of the company’s stock worth $567,000 after purchasing an additional 82 shares during the period. LFA Lugano Financial Advisors SA increased its stake in iShares MSCI World ETF by 20.7% during the first quarter. LFA Lugano Financial Advisors SA now owns 723 shares of the company’s stock worth $130,000 after purchasing an additional 124 shares during the period. Elevated Private Wealth LLC increased its stake in iShares MSCI World ETF by 9.0% during the third quarter. Elevated Private Wealth LLC now owns 1,693 shares of the company’s stock worth $349,000 after purchasing an additional 140 shares during the period. Finally, Assetmark Inc. acquired a new stake in shares of iShares MSCI World ETF during the first quarter worth about $33,000.

iShares MSCI World ETF Stock Performance

Shares of URTH opened at $206.34 on Friday. The company’s 50-day simple moving average is $208.40 and its 200-day simple moving average is $202.37. iShares MSCI World ETF has a 1 year low of $174.24 and a 1 year high of $211.94. The stock has a market capitalization of $8.65 billion, a PE ratio of 22.04 and a beta of 0.95.

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.