Lavelle Capital LP Takes $4.62 Million Position in iShares MSCI World ETF $URTH

Lavelle Capital LP bought a new stake in shares of iShares MSCI World ETF (NYSEARCA:URTHFree Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,688 shares of the company’s stock, valued at approximately $4,624,000. iShares MSCI World ETF makes up approximately 2.9% of Lavelle Capital LP’s portfolio, making the stock its 8th biggest position. Lavelle Capital LP owned approximately 0.06% of iShares MSCI World ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Assetmark Inc. purchased a new position in shares of iShares MSCI World ETF during the first quarter valued at about $33,000. Tiff Advisory Services LLC purchased a new position in shares of iShares MSCI World ETF during the 4th quarter worth approximately $37,000. Comerica Bank grew its holdings in shares of iShares MSCI World ETF by 51.1% during the 3rd quarter. Comerica Bank now owns 281 shares of the company’s stock worth $51,000 after acquiring an additional 95 shares during the period. Guardian Partners Inc. purchased a new position in shares of iShares MSCI World ETF during the 1st quarter worth approximately $53,000. Finally, Fifth Third Bancorp bought a new position in shares of iShares MSCI World ETF in the 1st quarter worth approximately $57,000.

iShares MSCI World ETF Stock Up 0.2%

URTH opened at $203.37 on Friday. The stock has a market cap of $7.99 billion, a PE ratio of 22.04 and a beta of 0.95. The business has a 50 day moving average of $202.40 and a 200-day moving average of $194.31. iShares MSCI World ETF has a 52 week low of $168.23 and a 52 week high of $206.33.

iShares MSCI World ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares MSCI World ETF (NYSEARCA:URTH)

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