Gerber Kawasaki Wealth & Investment Management Boosts Stock Holdings in iShares MSCI World ETF $URTH

Gerber Kawasaki Wealth & Investment Management raised its position in shares of iShares MSCI World ETF (NYSEARCA:URTH) by 26.6% in the third quarter, Holdings Channel.com reports. The fund owned 100,993 shares of the company’s stock after acquiring an additional 21,236 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in iShares MSCI World ETF were worth $18,336,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. AE Wealth Management LLC boosted its stake in shares of iShares MSCI World ETF by 1,400.0% in the second quarter. AE Wealth Management LLC now owns 150 shares of the company’s stock worth $25,000 after acquiring an additional 140 shares during the last quarter. Clearstead Advisors LLC raised its stake in iShares MSCI World ETF by 107.9% in the 3rd quarter. Clearstead Advisors LLC now owns 262 shares of the company’s stock valued at $48,000 after purchasing an additional 136 shares during the last quarter. MAI Capital Management purchased a new position in iShares MSCI World ETF in the 3rd quarter valued at $50,000. Close Asset Management Ltd purchased a new position in iShares MSCI World ETF in the 3rd quarter valued at $54,000. Finally, Archer Investment Corp boosted its stake in iShares MSCI World ETF by 188.1% during the 2nd quarter. Archer Investment Corp now owns 484 shares of the company’s stock worth $82,000 after purchasing an additional 316 shares during the last quarter.

iShares MSCI World ETF Stock Down 1.1%

iShares MSCI World ETF stock opened at $184.98 on Monday. The company has a fifty day simple moving average of $189.15 and a 200-day simple moving average of $184.59. The firm has a market capitalization of $6.75 billion, a price-to-earnings ratio of 22.04 and a beta of 0.97. iShares MSCI World ETF has a 52-week low of $132.93 and a 52-week high of $192.84.

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.