538,739 Shares of iShares MSCI World ETF $URTH Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd bought a new stake in shares of iShares MSCI World ETF (NYSEARCA:URTH) in the third quarter, Holdings Channel reports. The fund bought 538,739 shares of the company’s stock, valued at approximately $111,104,000. iShares MSCI World ETF makes up approximately 0.7% of Sumitomo Mitsui DS Asset Management Company Ltd’s holdings, making the stock its 26th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in shares of iShares MSCI World ETF by 6.3% during the first quarter. Royal Bank of Canada now owns 2,156,319 shares of the company’s stock valued at $388,181,000 after purchasing an additional 128,687 shares during the period. MTCO Ltd. purchased a new position in shares of iShares MSCI World ETF in the third quarter worth $22,809,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of iShares MSCI World ETF in the third quarter worth $7,401,000. Banque Pictet & Cie SA purchased a new position in shares of iShares MSCI World ETF in the third quarter worth $6,502,000. Finally, Lavelle Capital LP bought a new stake in iShares MSCI World ETF during the 1st quarter valued at $4,624,000.

iShares MSCI World ETF Stock Up 0.2%

NYSEARCA:URTH opened at $206.65 on Tuesday. The company has a fifty day moving average of $208.33 and a 200 day moving average of $202.75. iShares MSCI World ETF has a 52 week low of $174.24 and a 52 week high of $211.94. The firm has a market capitalization of $8.66 billion, a P/E ratio of 22.04 and a beta of 0.95.

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.