Sheridan Capital Management LLC Sells 2,907 Shares of iShares MSCI World ETF $URTH

Sheridan Capital Management LLC reduced its position in iShares MSCI World ETF (NYSEARCA:URTH) by 17.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 13,714 shares of the company’s stock after selling 2,907 shares during the period. iShares MSCI World ETF accounts for approximately 1.3% of Sheridan Capital Management LLC’s portfolio, making the stock its 16th largest holding. Sheridan Capital Management LLC’s holdings in iShares MSCI World ETF were worth $2,490,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. AE Wealth Management LLC raised its position in shares of iShares MSCI World ETF by 1,400.0% in the second quarter. AE Wealth Management LLC now owns 150 shares of the company’s stock valued at $25,000 after purchasing an additional 140 shares during the period. Archer Investment Corp boosted its holdings in iShares MSCI World ETF by 188.1% in the 2nd quarter. Archer Investment Corp now owns 484 shares of the company’s stock worth $82,000 after buying an additional 316 shares during the period. AlphaCore Capital LLC grew its stake in iShares MSCI World ETF by 217.1% in the 2nd quarter. AlphaCore Capital LLC now owns 1,075 shares of the company’s stock valued at $182,000 after buying an additional 736 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in iShares MSCI World ETF during the 2nd quarter valued at $213,000. Finally, Auxano Advisors LLC purchased a new stake in shares of iShares MSCI World ETF during the second quarter worth $215,000.

iShares MSCI World ETF Stock Performance

Shares of NYSEARCA URTH opened at $189.25 on Friday. The stock has a market cap of $6.96 billion, a PE ratio of 22.04 and a beta of 0.97. iShares MSCI World ETF has a fifty-two week low of $132.93 and a fifty-two week high of $190.13. The stock has a fifty day moving average of $185.53 and a 200-day moving average of $180.01.

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.