EverSource Wealth Advisors LLC Makes New Investment in iShares MSCI World ETF (NYSEARCA:URTH)

EverSource Wealth Advisors LLC bought a new position in shares of iShares MSCI World ETF (NYSEARCA:URTH) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,563 shares of the company’s stock, valued at approximately $243,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HighTower Advisors LLC raised its stake in shares of iShares MSCI World ETF by 78.0% during the 4th quarter. HighTower Advisors LLC now owns 6,624 shares of the company’s stock worth $1,030,000 after purchasing an additional 2,903 shares during the period. Independent Advisor Alliance bought a new stake in iShares MSCI World ETF in the fourth quarter worth about $436,000. Main Street Research LLC boosted its stake in iShares MSCI World ETF by 22.9% in the fourth quarter. Main Street Research LLC now owns 17,616 shares of the company’s stock valued at $2,739,000 after acquiring an additional 3,286 shares during the last quarter. Barings LLC grew its position in shares of iShares MSCI World ETF by 26.2% during the 4th quarter. Barings LLC now owns 249,042 shares of the company’s stock valued at $38,726,000 after acquiring an additional 51,701 shares during the period. Finally, Banco Santander S.A. increased its stake in shares of iShares MSCI World ETF by 56.8% during the 4th quarter. Banco Santander S.A. now owns 264,780 shares of the company’s stock worth $41,173,000 after purchasing an additional 95,938 shares during the last quarter.

iShares MSCI World ETF Price Performance

NYSEARCA:URTH opened at $154.46 on Friday. The company has a market capitalization of $4.28 billion, a P/E ratio of 21.98 and a beta of 0.98. The business has a fifty day simple moving average of $159.11 and a two-hundred day simple moving average of $157.64. iShares MSCI World ETF has a 1 year low of $136.93 and a 1 year high of $164.21.

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.