GAM Holding AG Buys New Stake in iShares MSCI World ETF $URTH

GAM Holding AG bought a new stake in iShares MSCI World ETF (NYSEARCA:URTH) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 143,421 shares of the company’s stock, valued at approximately $24,293,000. iShares MSCI World ETF comprises about 1.7% of GAM Holding AG’s holdings, making the stock its 12th largest position.

A number of other hedge funds have also recently modified their holdings of the stock. AlphaCore Capital LLC purchased a new position in iShares MSCI World ETF during the 1st quarter worth $52,000. Atria Wealth Solutions Inc. purchased a new position in iShares MSCI World ETF during the 2nd quarter worth $213,000. Signature Estate & Investment Advisors LLC grew its position in iShares MSCI World ETF by 8.5% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 1,420 shares of the company’s stock worth $241,000 after purchasing an additional 111 shares during the last quarter. Strategic Blueprint LLC purchased a new position in iShares MSCI World ETF during the 1st quarter worth $248,000. Finally, Brookwood Investment Group LLC purchased a new position in iShares MSCI World ETF during the 1st quarter worth $253,000.

iShares MSCI World ETF Stock Performance

Shares of iShares MSCI World ETF stock opened at $184.65 on Friday. iShares MSCI World ETF has a 1 year low of $132.93 and a 1 year high of $187.07. The company has a market capitalization of $6.65 billion, a P/E ratio of 22.04 and a beta of 0.97. The company’s fifty day moving average is $180.34 and its two-hundred day moving average is $170.18.

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.