Hsbc Holdings PLC Has $5.97 Million Position in iShares MSCI World ETF (NYSEARCA:URTH)

Hsbc Holdings PLC cut its holdings in shares of iShares MSCI World ETF (NYSEARCA:URTH) by 6.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,400 shares of the company’s stock after selling 2,500 shares during the quarter. Hsbc Holdings PLC owned about 0.16% of iShares MSCI World ETF worth $5,971,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in URTH. Wilmington Savings Fund Society FSB acquired a new position in iShares MSCI World ETF in the 3rd quarter valued at $752,000. Principal Financial Group Inc. grew its holdings in iShares MSCI World ETF by 146.9% in the 3rd quarter. Principal Financial Group Inc. now owns 109,597 shares of the company’s stock valued at $17,197,000 after buying an additional 65,207 shares in the last quarter. CHB Investment Group LLC grew its holdings in iShares MSCI World ETF by 147.8% in the 4th quarter. CHB Investment Group LLC now owns 6,512 shares of the company’s stock valued at $1,013,000 after buying an additional 3,884 shares in the last quarter. Park Avenue Securities LLC bought a new stake in shares of iShares MSCI World ETF during the 4th quarter valued at $3,598,000. Finally, BFI Infinity Ltd. acquired a new stake in shares of iShares MSCI World ETF during the 4th quarter worth $208,000.

iShares MSCI World ETF Stock Up 0.3 %

URTH stock opened at $153.45 on Tuesday. The company has a market cap of $4.25 billion, a PE ratio of 21.32 and a beta of 0.96. iShares MSCI World ETF has a 52 week low of $132.93 and a 52 week high of $164.21. The business has a 50-day simple moving average of $152.34 and a 200 day simple moving average of $156.64.

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.