Independent Advisor Alliance Makes New Investment in iShares MSCI World ETF (NYSEARCA:URTH)

Independent Advisor Alliance purchased a new position in shares of iShares MSCI World ETF (NYSEARCA:URTHFree Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 2,802 shares of the company’s stock, valued at approximately $436,000.

A number of other institutional investors have also recently modified their holdings of the business. Principal Financial Group Inc. grew its position in shares of iShares MSCI World ETF by 233.8% during the 4th quarter. Principal Financial Group Inc. now owns 365,827 shares of the company’s stock valued at $56,886,000 after acquiring an additional 256,230 shares during the period. Banco Santander S.A. grew its position in shares of iShares MSCI World ETF by 56.8% during the 4th quarter. Banco Santander S.A. now owns 264,780 shares of the company’s stock valued at $41,173,000 after acquiring an additional 95,938 shares during the period. Barings LLC grew its position in shares of iShares MSCI World ETF by 26.2% during the 4th quarter. Barings LLC now owns 249,042 shares of the company’s stock valued at $38,726,000 after acquiring an additional 51,701 shares during the period. Bank Julius Baer & Co. Ltd Zurich grew its position in shares of iShares MSCI World ETF by 13.8% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 184,631 shares of the company’s stock valued at $31,683,000 after acquiring an additional 22,429 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of iShares MSCI World ETF by 18.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,975 shares of the company’s stock valued at $27,161,000 after acquiring an additional 27,451 shares during the period.

iShares MSCI World ETF Stock Up 0.9 %

NYSEARCA:URTH opened at $155.87 on Tuesday. iShares MSCI World ETF has a 52 week low of $136.93 and a 52 week high of $164.21. The stock has a market capitalization of $4.32 billion, a PE ratio of 21.98 and a beta of 0.98. The stock’s 50-day moving average price is $159.08 and its 200-day moving average price is $157.70.

About iShares MSCI World ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding URTH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI World ETF (NYSEARCA:URTHFree Report).

Institutional Ownership by Quarter for iShares MSCI World ETF (NYSEARCA:URTH)

Receive News & Ratings for iShares MSCI World ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI World ETF and related companies with MarketBeat.com's FREE daily email newsletter.