Corundum Group Inc. Invests $206,000 in iShares MSCI World ETF (NYSEARCA:URTH)

Corundum Group Inc. acquired a new stake in iShares MSCI World ETF (NYSEARCA:URTH) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 1,326 shares of the company’s stock, valued at approximately $206,000.

Several other institutional investors and hedge funds have also modified their holdings of URTH. Arizona PSPRS Trust bought a new position in iShares MSCI World ETF during the 3rd quarter worth about $19,932,000. Claro Advisors LLC acquired a new position in shares of iShares MSCI World ETF during the third quarter worth about $16,815,000. Bank of Montreal Can grew its holdings in shares of iShares MSCI World ETF by 135.7% during the second quarter. Bank of Montreal Can now owns 178,003 shares of the company’s stock worth $26,334,000 after buying an additional 102,495 shares in the last quarter. Principal Financial Group Inc. raised its position in iShares MSCI World ETF by 146.9% in the 3rd quarter. Principal Financial Group Inc. now owns 109,597 shares of the company’s stock valued at $17,197,000 after buying an additional 65,207 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in iShares MSCI World ETF by 54.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 146,524 shares of the company’s stock valued at $22,949,000 after buying an additional 51,370 shares during the last quarter.

iShares MSCI World ETF Stock Up 0.8 %

NYSEARCA:URTH opened at $158.40 on Monday. The company has a market cap of $3.74 billion, a P/E ratio of 21.13 and a beta of 0.96. iShares MSCI World ETF has a twelve month low of $131.27 and a twelve month high of $163.18. The business has a 50 day moving average price of $158.55 and a two-hundred day moving average price of $154.70.

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.