J.Safra Asset Management Corp Purchases Shares of 1,274 iShares MSCI World ETF (NYSEARCA:URTH)

J.Safra Asset Management Corp purchased a new stake in shares of iShares MSCI World ETF (NYSEARCA:URTH) in the 4th quarter, Holdings Channel reports. The fund purchased 1,274 shares of the company’s stock, valued at approximately $199,000.

Several other hedge funds have also added to or reduced their stakes in URTH. Sunbelt Securities Inc. acquired a new stake in shares of iShares MSCI World ETF during the third quarter worth $27,000. Archer Investment Corp raised its stake in iShares MSCI World ETF by 97.1% in the third quarter. Archer Investment Corp now owns 203 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares in the last quarter. Activest Wealth Management acquired a new position in iShares MSCI World ETF in the third quarter valued at about $44,000. US Bancorp DE acquired a new position in iShares MSCI World ETF in the fourth quarter valued at about $45,000. Finally, Glass Jacobson Investment Advisors llc raised its stake in iShares MSCI World ETF by 24.8% in the third quarter. Glass Jacobson Investment Advisors llc now owns 408 shares of the company’s stock valued at $64,000 after purchasing an additional 81 shares in the last quarter.

iShares MSCI World ETF Stock Up 1.5 %

iShares MSCI World ETF stock opened at $159.24 on Thursday. iShares MSCI World ETF has a 12-month low of $136.93 and a 12-month high of $164.21. The business’s 50-day moving average price is $159.46 and its two-hundred day moving average price is $157.58. The stock has a market cap of $4.41 billion, a PE ratio of 23.71 and a beta of 0.98.

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.