JPMorgan Chase & Co. Decreases Stock Position in iShares MSCI World ETF $URTH

JPMorgan Chase & Co. cut its position in iShares MSCI World ETF (NYSEARCA:URTH) by 13.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 228,335 shares of the company’s stock after selling 35,654 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI World ETF were worth $41,457,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Barings LLC raised its stake in iShares MSCI World ETF by 14.0% in the 2nd quarter. Barings LLC now owns 358,101 shares of the company’s stock valued at $60,655,000 after acquiring an additional 43,856 shares during the period. Cresset Asset Management LLC increased its stake in shares of iShares MSCI World ETF by 30.5% in the second quarter. Cresset Asset Management LLC now owns 21,749 shares of the company’s stock worth $3,684,000 after purchasing an additional 5,077 shares in the last quarter. AlphaCore Capital LLC raised its position in shares of iShares MSCI World ETF by 217.1% in the second quarter. AlphaCore Capital LLC now owns 1,075 shares of the company’s stock valued at $182,000 after purchasing an additional 736 shares during the period. Atria Investments Inc purchased a new stake in shares of iShares MSCI World ETF during the 2nd quarter valued at approximately $276,000. Finally, Archer Investment Corp grew its stake in iShares MSCI World ETF by 188.1% in the 2nd quarter. Archer Investment Corp now owns 484 shares of the company’s stock valued at $82,000 after buying an additional 316 shares in the last quarter.

iShares MSCI World ETF Price Performance

Shares of URTH stock opened at $191.68 on Friday. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 22.04 and a beta of 0.97. The company’s fifty day simple moving average is $189.01 and its two-hundred day simple moving average is $183.91. iShares MSCI World ETF has a 1 year low of $132.93 and a 1 year high of $192.84.

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.