Sterling Capital Management LLC Takes Position in iShares MSCI World ETF (NYSEARCA:URTH)

Sterling Capital Management LLC purchased a new position in shares of iShares MSCI World ETF (NYSEARCA:URTH) during the fourth quarter, HoldingsChannel reports. The firm purchased 300 shares of the company’s stock, valued at approximately $47,000.

A number of other institutional investors have also added to or reduced their stakes in URTH. Runnymede Capital Advisors Inc. acquired a new stake in shares of iShares MSCI World ETF in the 4th quarter worth about $37,000. US Bancorp DE bought a new stake in iShares MSCI World ETF during the 4th quarter worth approximately $45,000. Principal Securities Inc. increased its holdings in iShares MSCI World ETF by 22.1% during the 4th quarter. Principal Securities Inc. now owns 414 shares of the company’s stock worth $64,000 after purchasing an additional 75 shares in the last quarter. Activest Wealth Management raised its stake in shares of iShares MSCI World ETF by 57.1% in the fourth quarter. Activest Wealth Management now owns 440 shares of the company’s stock worth $68,000 after purchasing an additional 160 shares during the last quarter. Finally, Centricity Wealth Management LLC bought a new position in shares of iShares MSCI World ETF in the fourth quarter valued at approximately $70,000.

iShares MSCI World ETF Trading Up 1.9 %

Shares of iShares MSCI World ETF stock opened at $152.10 on Friday. The stock has a fifty day simple moving average of $152.78 and a 200 day simple moving average of $156.69. iShares MSCI World ETF has a 12-month low of $132.93 and a 12-month high of $164.21. The company has a market capitalization of $4.21 billion, a P/E ratio of 21.32 and a beta of 0.96.

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.