Fischer Investment Strategies LLC Has $3.24 Million Stock Holdings in iShares MSCI World ETF $URTH

Fischer Investment Strategies LLC trimmed its position in iShares MSCI World ETF (NYSEARCA:URTH) by 25.0% during the first quarter, Holdings Channel reports. The institutional investor owned 18,000 shares of the company’s stock after selling 6,006 shares during the quarter. iShares MSCI World ETF makes up about 1.9% of Fischer Investment Strategies LLC’s investment portfolio, making the stock its 17th biggest holding. Fischer Investment Strategies LLC’s holdings in iShares MSCI World ETF were worth $3,240,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of URTH. NewEdge Advisors LLC raised its position in shares of iShares MSCI World ETF by 2.1% during the first quarter. NewEdge Advisors LLC now owns 28,424 shares of the company’s stock worth $5,117,000 after acquiring an additional 571 shares during the last quarter. Lavelle Capital LP acquired a new position in shares of iShares MSCI World ETF during the first quarter valued at $4,624,000. Guardian Partners Inc. acquired a new position in shares of iShares MSCI World ETF during the first quarter valued at $53,000. Royal Bank of Canada boosted its holdings in iShares MSCI World ETF by 6.3% in the first quarter. Royal Bank of Canada now owns 2,156,319 shares of the company’s stock valued at $388,181,000 after acquiring an additional 128,687 shares during the last quarter. Finally, Evelyn Partners Investment Management Europe Ltd boosted its holdings in iShares MSCI World ETF by 0.8% in the first quarter. Evelyn Partners Investment Management Europe Ltd now owns 104,945 shares of the company’s stock valued at $18,892,000 after acquiring an additional 797 shares during the last quarter.

iShares MSCI World ETF Stock Up 0.2%

Shares of URTH stock opened at $203.37 on Friday. The stock has a 50-day moving average price of $202.40 and a 200 day moving average price of $194.31. The firm has a market cap of $7.99 billion, a price-to-earnings ratio of 22.04 and a beta of 0.95. iShares MSCI World ETF has a 12 month low of $168.23 and a 12 month high of $206.33.

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.