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

Prudential PLC decreased its holdings in iShares MSCI World ETF (NYSEARCA:URTH) by 3.9% in the 2nd quarter, Holdings Channel reports. The firm owned 560,510 shares of the company’s stock after selling 22,650 shares during the period. iShares MSCI World ETF accounts for about 0.6% of Prudential PLC’s investment portfolio, making the stock its 20th biggest holding. Prudential PLC’s holdings in iShares MSCI World ETF were worth $94,939,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Royal Bank of Canada grew its position in iShares MSCI World ETF by 8.2% during the 1st quarter. Royal Bank of Canada now owns 1,458,304 shares of the company’s stock worth $223,383,000 after purchasing an additional 110,083 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of iShares MSCI World ETF by 2.1% during the first quarter. Goldman Sachs Group Inc. now owns 604,708 shares of the company’s stock worth $92,629,000 after buying an additional 12,282 shares during the period. Jane Street Group LLC acquired a new stake in shares of iShares MSCI World ETF during the first quarter worth about $72,340,000. Obermeyer Wealth Partners purchased a new position in shares of iShares MSCI World ETF during the second quarter worth about $57,877,000. Finally, Barings LLC increased its position in iShares MSCI World ETF by 26.2% in the 1st quarter. Barings LLC now owns 314,245 shares of the company’s stock valued at $48,136,000 after acquiring an additional 65,203 shares during the period.

iShares MSCI World ETF Stock Up 0.2%

URTH opened at $180.06 on Thursday. iShares MSCI World ETF has a 52 week low of $132.93 and a 52 week high of $187.07. The business has a 50 day moving average price of $182.30 and a two-hundred day moving average price of $173.55. The company has a market cap of $6.48 billion, a PE ratio of 22.04 and a beta of 0.97.

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.