J.Safra Asset Management Corp Invests $199,000 in iShares MSCI World ETF (NYSEARCA:URTH)

J.Safra Asset Management Corp bought a new stake in iShares MSCI World ETF (NYSEARCA:URTH) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,274 shares of the company’s stock, valued at approximately $199,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. grew its stake in shares of iShares MSCI World ETF by 233.8% in the fourth quarter. Principal Financial Group Inc. now owns 365,827 shares of the company’s stock valued at $56,886,000 after buying an additional 256,230 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of iShares MSCI World ETF by 18.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,975 shares of the company’s stock valued at $27,161,000 after buying an additional 27,451 shares in the last quarter. Banco Santander S.A. grew its stake in shares of iShares MSCI World ETF by 27.4% in the third quarter. Banco Santander S.A. now owns 168,842 shares of the company’s stock valued at $26,493,000 after buying an additional 36,300 shares in the last quarter. Empire Life Investments Inc. grew its stake in shares of iShares MSCI World ETF by 39.0% in the fourth quarter. Empire Life Investments Inc. now owns 148,300 shares of the company’s stock valued at $23,061,000 after buying an additional 41,600 shares in the last quarter. Finally, Arizona PSPRS Trust bought a new position in shares of iShares MSCI World ETF in the third quarter valued at $19,932,000.

iShares MSCI World ETF Trading Up 1.5 %

NYSEARCA:URTH opened at $159.24 on Thursday. iShares MSCI World ETF has a 1-year low of $136.93 and a 1-year high of $164.21. The firm has a fifty day simple moving average of $159.46 and a 200 day simple moving average of $157.58. The stock has a market capitalization of $4.41 billion, a PE ratio of 23.71 and a beta of 0.98.

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.