Fischer Investment Strategies LLC Raises Holdings in iShares MSCI World ETF $URTH

Fischer Investment Strategies LLC boosted its position in shares of iShares MSCI World ETF (NYSEARCA:URTH) by 13.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 52,943 shares of the company’s stock after buying an additional 6,230 shares during the quarter. iShares MSCI World ETF makes up approximately 6.0% of Fischer Investment Strategies LLC’s investment portfolio, making the stock its 5th biggest holding. Fischer Investment Strategies LLC’s holdings in iShares MSCI World ETF were worth $8,967,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in URTH. Jane Street Group LLC bought a new position in iShares MSCI World ETF during the first quarter valued at about $72,340,000. Partners Capital Investment Group LLP boosted its holdings in iShares MSCI World ETF by 641.4% during the first quarter. Partners Capital Investment Group LLP now owns 175,970 shares of the company’s stock valued at $26,955,000 after purchasing an additional 152,236 shares in the last quarter. Royal Bank of Canada boosted its holdings in iShares MSCI World ETF by 8.2% during the first quarter. Royal Bank of Canada now owns 1,458,304 shares of the company’s stock valued at $223,383,000 after purchasing an additional 110,083 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in iShares MSCI World ETF by 39.5% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 242,683 shares of the company’s stock valued at $37,101,000 after purchasing an additional 68,708 shares in the last quarter. Finally, Barings LLC boosted its holdings in iShares MSCI World ETF by 26.2% during the first quarter. Barings LLC now owns 314,245 shares of the company’s stock valued at $48,136,000 after purchasing an additional 65,203 shares in the last quarter.

iShares MSCI World ETF Trading Down 2.4%

NYSEARCA URTH opened at $178.20 on Friday. The stock’s 50 day moving average is $177.73 and its two-hundred day moving average is $166.58. The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of 22.04 and a beta of 0.96. iShares MSCI World ETF has a 1-year low of $132.93 and a 1-year high of $183.91.

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.