Prudential PLC Lowers Stock Position in iShares MSCI World ETF $URTH

Prudential PLC reduced its position in shares of iShares MSCI World ETF (NYSEARCA:URTH) by 3.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 560,510 shares of the company’s stock after selling 22,650 shares during the quarter. iShares MSCI World ETF accounts for approximately 0.6% of Prudential PLC’s investment portfolio, making the stock its 20th biggest holding. Prudential PLC owned approximately 1.78% of iShares MSCI World ETF worth $94,939,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of URTH. AE Wealth Management LLC lifted its position in shares of iShares MSCI World ETF by 1,400.0% during the 2nd quarter. AE Wealth Management LLC now owns 150 shares of the company’s stock valued at $25,000 after buying an additional 140 shares in the last quarter. AlphaCore Capital LLC acquired a new position in iShares MSCI World ETF during the first quarter worth $52,000. Atria Wealth Solutions Inc. acquired a new position in iShares MSCI World ETF during the second quarter worth $213,000. Signature Estate & Investment Advisors LLC lifted its holdings in iShares MSCI World ETF by 8.5% during the second quarter. Signature Estate & Investment Advisors LLC now owns 1,420 shares of the company’s stock valued at $241,000 after purchasing an additional 111 shares in the last quarter. Finally, Brookwood Investment Group LLC acquired a new stake in shares of iShares MSCI World ETF in the first quarter valued at about $253,000.

iShares MSCI World ETF Trading Up 0.2%

Shares of iShares MSCI World ETF stock opened at $180.06 on Thursday. The firm’s 50-day moving average price is $182.30 and its 200 day moving average price is $173.55. The firm has a market capitalization of $6.48 billion, a PE ratio of 22.04 and a beta of 0.97. iShares MSCI World ETF has a twelve month low of $132.93 and a twelve month high of $187.07.

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.