Mesirow Financial Investment Management Inc. Invests $433,000 in iShares MSCI World ETF (NYSEARCA:URTH)

Mesirow Financial Investment Management Inc. bought a new position in shares of iShares MSCI World ETF (NYSEARCA:URTH) in the fourth quarter, Holdings Channel reports. The institutional investor bought 2,785 shares of the company’s stock, valued at approximately $433,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. grew its stake 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 valued at $56,886,000 after acquiring an additional 256,230 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake 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 acquiring an additional 27,451 shares in the last quarter. Banco Santander S.A. grew its stake in iShares MSCI World ETF by 27.4% during the 3rd quarter. Banco Santander S.A. now owns 168,842 shares of the company’s stock valued at $26,493,000 after acquiring an additional 36,300 shares in the last quarter. Empire Life Investments Inc. grew its stake in iShares MSCI World ETF by 39.0% during the 4th quarter. Empire Life Investments Inc. now owns 148,300 shares of the company’s stock valued at $23,061,000 after acquiring an additional 41,600 shares in the last quarter. Finally, Arizona PSPRS Trust purchased a new stake in iShares MSCI World ETF during the 3rd quarter valued at about $19,932,000.

iShares MSCI World ETF Trading Up 0.7 %

Shares of NYSEARCA URTH opened at $157.64 on Friday. iShares MSCI World ETF has a 12-month low of $136.93 and a 12-month high of $164.21. The stock has a market cap of $4.37 billion, a PE ratio of 23.71 and a beta of 0.98. The company has a 50-day moving average of $159.41 and a 200 day moving average of $157.64.

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.