Lorne Steinberg Wealth Management Inc. Sells 672 Shares of iShares MSCI World ETF (NYSEARCA:URTH)

Lorne Steinberg Wealth Management Inc. decreased its holdings in iShares MSCI World ETF (NYSEARCA:URTH) by 18.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,019 shares of the company’s stock after selling 672 shares during the period. Lorne Steinberg Wealth Management Inc.’s holdings in iShares MSCI World ETF were worth $402,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Main Street Research LLC increased its stake in shares of iShares MSCI World ETF by 0.6% during the fourth quarter. Main Street Research LLC now owns 14,429 shares of the company’s stock worth $1,919,000 after purchasing an additional 81 shares during the period. Horst & Graben Wealth Management LLC bought a new position in shares of iShares MSCI World ETF during the fourth quarter worth approximately $216,000. Simplicity Solutions LLC increased its stake in shares of iShares MSCI World ETF by 0.7% during the fourth quarter. Simplicity Solutions LLC now owns 58,656 shares of the company’s stock worth $7,802,000 after purchasing an additional 414 shares during the period. Meitav Investment House Ltd. increased its stake in shares of iShares MSCI World ETF by 1.6% during the fourth quarter. Meitav Investment House Ltd. now owns 8,700 shares of the company’s stock worth $1,159,000 after purchasing an additional 140 shares during the period. Finally, Perigon Wealth Management LLC increased its stake in shares of iShares MSCI World ETF by 8.9% during the fourth quarter. Perigon Wealth Management LLC now owns 2,454 shares of the company’s stock worth $326,000 after purchasing an additional 200 shares during the period.

iShares MSCI World ETF Stock Performance

Shares of NYSEARCA URTH traded down $0.48 during trading hours on Wednesday, reaching $139.58. 340,442 shares of the stock were exchanged, compared to its average volume of 229,851. The firm has a market capitalization of $3.29 billion, a price-to-earnings ratio of 21.15 and a beta of 0.96. iShares MSCI World ETF has a 52 week low of $114.70 and a 52 week high of $145.19. The stock’s fifty day simple moving average is $141.46 and its 200 day simple moving average is $132.98.

About iShares MSCI World ETF

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.