Texas Capital Bank Wealth Management Services Inc Sells 1,638 Shares of iShares MSCI World ETF (NYSEARCA:URTH)

Texas Capital Bank Wealth Management Services Inc reduced its position in iShares MSCI World ETF (NYSEARCA:URTH) by 25.7% during the second quarter, HoldingsChannel reports. The fund owned 4,744 shares of the company’s stock after selling 1,638 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares MSCI World ETF were worth $700,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Arlington Financial Advisors LLC lifted its position in shares of iShares MSCI World ETF by 1.9% during the second quarter. Arlington Financial Advisors LLC now owns 4,109 shares of the company’s stock worth $606,000 after acquiring an additional 76 shares in the last quarter. National Bank of Canada FI boosted its stake in iShares MSCI World ETF by 73.4% in the 2nd quarter. National Bank of Canada FI now owns 189 shares of the company’s stock worth $28,000 after purchasing an additional 80 shares during the period. Lorne Steinberg Wealth Management Inc. grew its holdings in iShares MSCI World ETF by 3.7% during the 1st quarter. Lorne Steinberg Wealth Management Inc. now owns 3,132 shares of the company’s stock valued at $454,000 after buying an additional 113 shares in the last quarter. 1832 Asset Management L.P. increased its position in shares of iShares MSCI World ETF by 31.3% during the first quarter. 1832 Asset Management L.P. now owns 591 shares of the company’s stock valued at $86,000 after buying an additional 141 shares during the period. Finally, Blair William & Co. IL lifted its holdings in shares of iShares MSCI World ETF by 2.5% in the second quarter. Blair William & Co. IL now owns 6,254 shares of the company’s stock worth $922,000 after buying an additional 154 shares in the last quarter.

iShares MSCI World ETF Trading Down 0.3 %

URTH stock opened at $156.62 on Friday. The firm has a 50 day moving average of $150.36 and a 200-day moving average of $146.92. The firm has a market capitalization of $3.70 billion, a P/E ratio of 21.13 and a beta of 0.96. iShares MSCI World ETF has a 12 month low of $114.70 and a 12 month high of $157.38.

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.