Cresset Asset Management LLC Has $2.59 Million Stake in iShares MSCI World ETF (NYSEARCA:URTH)

Cresset Asset Management LLC decreased its holdings in iShares MSCI World ETF (NYSEARCA:URTH) by 49.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,640 shares of the company’s stock after selling 16,555 shares during the quarter. Cresset Asset Management LLC owned 0.07% of iShares MSCI World ETF worth $2,588,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in URTH. Principal Financial Group Inc. boosted its holdings in iShares MSCI World ETF by 146.9% during the third quarter. Principal Financial Group Inc. now owns 109,597 shares of the company’s stock valued at $17,197,000 after purchasing an additional 65,207 shares in the last quarter. CHB Investment Group LLC boosted its stake in iShares MSCI World ETF by 147.8% in the 4th quarter. CHB Investment Group LLC now owns 6,512 shares of the company’s stock valued at $1,013,000 after buying an additional 3,884 shares in the last quarter. Park Avenue Securities LLC bought a new stake in iShares MSCI World ETF in the fourth quarter valued at $3,598,000. BFI Infinity Ltd. acquired a new position in iShares MSCI World ETF during the fourth quarter worth $208,000. Finally, LVW Advisors LLC bought a new position in shares of iShares MSCI World ETF during the fourth quarter valued at $691,000.

iShares MSCI World ETF Stock Performance

Shares of NYSEARCA:URTH opened at $156.78 on Friday. The company has a market capitalization of $4.34 billion, a PE ratio of 21.32 and a beta of 0.96. The company’s fifty day moving average is $151.59 and its 200-day moving average is $156.53. iShares MSCI World ETF has a 52 week low of $132.93 and a 52 week high of $164.21.

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.