Main Street Research LLC Has $2.74 Million Stake in iShares MSCI World ETF (NYSEARCA:URTH)

Main Street Research LLC boosted its position in iShares MSCI World ETF (NYSEARCA:URTH) by 22.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,616 shares of the company’s stock after purchasing an additional 3,286 shares during the period. Main Street Research LLC’s holdings in iShares MSCI World ETF were worth $2,739,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its holdings in 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 worth $56,886,000 after buying an additional 256,230 shares during the period. Banco Santander S.A. raised its position in shares of iShares MSCI World ETF by 56.8% during the fourth quarter. Banco Santander S.A. now owns 264,780 shares of the company’s stock worth $41,173,000 after acquiring an additional 95,938 shares during the last quarter. Barings LLC lifted its stake in shares of iShares MSCI World ETF by 26.2% in the fourth quarter. Barings LLC now owns 249,042 shares of the company’s stock worth $38,726,000 after acquiring an additional 51,701 shares during the period. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in iShares MSCI World ETF by 13.8% in the fourth 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 last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in 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 purchasing an additional 27,451 shares during the period.

iShares MSCI World ETF Stock Performance

iShares MSCI World ETF stock opened at $157.64 on Monday. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of 23.71 and a beta of 0.98. iShares MSCI World ETF has a 52-week low of $136.93 and a 52-week high of $164.21. The firm has a 50 day moving average price of $159.41 and a two-hundred day moving average price of $157.68.

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.