Cerity Partners LLC Reduces Stake in iShares MSCI World ETF (NYSEARCA:URTH)

Cerity Partners LLC trimmed its holdings in iShares MSCI World ETF (NYSEARCA:URTH) by 35.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,123 shares of the company’s stock after selling 3,911 shares during the quarter. Cerity Partners LLC’s holdings in iShares MSCI World ETF were worth $948,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Cary Street Partners Investment Advisory LLC grew its holdings in shares of iShares MSCI World ETF by 128.3% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 210 shares of the company’s stock worth $25,000 after purchasing an additional 118 shares during the last quarter. Private Trust Co. NA increased its position in iShares MSCI World ETF by 68.5% during the third quarter. Private Trust Co. NA now owns 401 shares of the company’s stock worth $48,000 after buying an additional 163 shares during the period. LFA Lugano Financial Advisors SA acquired a new position in iShares MSCI World ETF during the fourth quarter worth approximately $55,000. Assetmark Inc. lifted its stake in iShares MSCI World ETF by 207.2% in the third quarter. Assetmark Inc. now owns 553 shares of the company’s stock valued at $66,000 after buying an additional 373 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in shares of iShares MSCI World ETF in the third quarter valued at approximately $104,000.

iShares MSCI World ETF Price Performance

Shares of iShares MSCI World ETF stock opened at $138.51 on Tuesday. The firm’s fifty day simple moving average is $141.37 and its 200-day simple moving average is $132.84. iShares MSCI World ETF has a 12 month low of $114.70 and a 12 month high of $145.19. The stock has a market capitalization of $3.27 billion, a price-to-earnings ratio of 21.15 and a beta of 0.96.

iShares MSCI World ETF Company 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.