iShares MSCI World ETF (NYSEARCA:URTH) Shares Purchased by Archer Investment Corp

Archer Investment Corp lifted its holdings in iShares MSCI World ETF (NYSEARCA:URTH) by 97.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 203 shares of the company’s stock after acquiring an additional 100 shares during the period. Archer Investment Corp’s holdings in iShares MSCI World ETF were worth $32,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Jane Street Group LLC acquired a new stake in iShares MSCI World ETF in the 1st quarter valued at $4,862,000. Bank of New York Mellon Corp raised its holdings in shares of iShares MSCI World ETF by 20.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,086 shares of the company’s stock valued at $308,000 after buying an additional 352 shares during the period. Lorne Steinberg Wealth Management Inc. lifted its position in iShares MSCI World ETF by 5.8% during the 2nd quarter. Lorne Steinberg Wealth Management Inc. now owns 3,315 shares of the company’s stock worth $489,000 after acquiring an additional 183 shares in the last quarter. Raymond James & Associates boosted its holdings in iShares MSCI World ETF by 14.0% in the 2nd quarter. Raymond James & Associates now owns 22,541 shares of the company’s stock worth $3,325,000 after acquiring an additional 2,770 shares during the period. Finally, Evensky & Katz LLC boosted its holdings in iShares MSCI World ETF by 1.1% in the 3rd quarter. Evensky & Katz LLC now owns 281,756 shares of the company’s stock worth $44,210,000 after acquiring an additional 2,931 shares during the period.

iShares MSCI World ETF Stock Down 1.0 %

URTH opened at $156.66 on Friday. The firm’s 50 day moving average is $155.86 and its 200-day moving average is $150.52. iShares MSCI World ETF has a 52-week low of $125.19 and a 52-week high of $160.53. The firm has a market capitalization of $3.70 billion, a P/E ratio of 21.13 and a beta of 0.96.

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.