Arizona PSPRS Trust Acquires New Stake in iShares MSCI World ETF (NYSEARCA:URTH)

Arizona PSPRS Trust purchased a new stake in shares of iShares MSCI World ETF (NYSEARCA:URTH) in the third quarter, HoldingsChannel reports. The institutional investor purchased 127,030 shares of the company’s stock, valued at approximately $19,932,000. iShares MSCI World ETF accounts for approximately 0.8% of Arizona PSPRS Trust’s holdings, making the stock its 8th largest holding.

Several other hedge funds also recently modified their holdings of the company. Arlington Financial Advisors LLC boosted its position in shares of iShares MSCI World ETF by 1.9% in the 2nd quarter. Arlington Financial Advisors LLC now owns 4,109 shares of the company’s stock valued at $606,000 after purchasing an additional 76 shares during the period. National Bank of Canada FI boosted its holdings in shares of iShares MSCI World ETF by 73.4% in the second quarter. National Bank of Canada FI now owns 189 shares of the company’s stock worth $28,000 after buying an additional 80 shares during the period. Archer Investment Corp increased its position in shares of iShares MSCI World ETF by 97.1% in the third quarter. Archer Investment Corp now owns 203 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares in the last quarter. Blair William & Co. IL raised its holdings in shares of iShares MSCI World ETF by 2.5% during the second quarter. Blair William & Co. IL now owns 6,254 shares of the company’s stock valued at $922,000 after acquiring an additional 154 shares during the period. Finally, Lorne Steinberg Wealth Management Inc. lifted its position in shares of iShares MSCI World ETF by 5.8% in the 2nd quarter. Lorne Steinberg Wealth Management Inc. now owns 3,315 shares of the company’s stock valued at $489,000 after acquiring an additional 183 shares in the last quarter.

iShares MSCI World ETF Trading Up 0.8 %

Shares of URTH stock opened at $161.14 on Monday. The company has a market capitalization of $3.80 billion, a price-to-earnings ratio of 21.13 and a beta of 0.96. iShares MSCI World ETF has a 1-year low of $127.14 and a 1-year high of $161.28. The stock’s fifty day simple moving average is $157.33 and its 200-day simple moving average is $151.88.

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.