BluePointe Capital Management LLC Sells 778 Shares of iShares MSCI World ETF (NYSEARCA:URTH)

BluePointe Capital Management LLC reduced its holdings in shares of iShares MSCI World ETF (NYSEARCA:URTH) by 2.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,792 shares of the company’s stock after selling 778 shares during the quarter. iShares MSCI World ETF accounts for about 3.6% of BluePointe Capital Management LLC’s holdings, making the stock its 6th biggest holding. BluePointe Capital Management LLC owned approximately 0.15% of iShares MSCI World ETF worth $5,616,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets raised its position in iShares MSCI World ETF by 175.3% in the first quarter. BNP Paribas Financial Markets now owns 4,441 shares of the company’s stock valued at $644,000 after purchasing an additional 2,828 shares during the last quarter. SG Americas Securities LLC acquired a new stake in iShares MSCI World ETF in the first quarter valued at approximately $647,000. Nwam LLC grew its stake in iShares MSCI World ETF by 11.2% in the first quarter. Nwam LLC now owns 2,831 shares of the company’s stock valued at $406,000 after acquiring an additional 284 shares during the period. Banco Santander S.A. grew its stake in iShares MSCI World ETF by 572.3% in the first quarter. Banco Santander S.A. now owns 102,941 shares of the company’s stock valued at $14,917,000 after acquiring an additional 87,629 shares during the period. Finally, 1832 Asset Management L.P. grew its stake in iShares MSCI World ETF by 31.3% in the first quarter. 1832 Asset Management L.P. now owns 591 shares of the company’s stock valued at $86,000 after acquiring an additional 141 shares during the period.

iShares MSCI World ETF Stock Down 0.4 %

URTH stock opened at $158.31 on Friday. iShares MSCI World ETF has a twelve month low of $125.19 and a twelve month high of $160.53. The stock’s 50 day moving average is $155.70 and its 200-day moving average is $150.47. The firm has a market capitalization of $3.74 billion, a PE 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.