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

Hsbc Holdings PLC cut its position in iShares MSCI World ETF (NYSEARCA:URTH) by 6.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 38,400 shares of the company’s stock after selling 2,500 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI World ETF were worth $5,971,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in URTH. Runnymede Capital Advisors Inc. acquired a new position in iShares MSCI World ETF during the 4th quarter worth approximately $37,000. US Bancorp DE acquired a new position in iShares MSCI World ETF during the 4th quarter worth approximately $45,000. Sterling Capital Management LLC acquired a new position in iShares MSCI World ETF during the 4th quarter worth approximately $47,000. Principal Securities Inc. increased its position in iShares MSCI World ETF by 22.1% during the 4th quarter. Principal Securities Inc. now owns 414 shares of the company’s stock worth $64,000 after purchasing an additional 75 shares in the last quarter. Finally, Activest Wealth Management grew its holdings in iShares MSCI World ETF by 57.1% during the 4th quarter. Activest Wealth Management now owns 440 shares of the company’s stock worth $68,000 after acquiring an additional 160 shares during the last quarter.

iShares MSCI World ETF Price Performance

URTH opened at $153.45 on Tuesday. iShares MSCI World ETF has a fifty-two week low of $132.93 and a fifty-two week high of $164.21. The firm has a market capitalization of $4.25 billion, a price-to-earnings ratio of 21.32 and a beta of 0.96. The company’s 50 day moving average price is $152.34 and its two-hundred day moving average price is $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.