iShares MSCI World ETF $URTH Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its stake in shares of iShares MSCI World ETF (NYSEARCA:URTH) by 8.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 128,615 shares of the company’s stock after selling 11,800 shares during the quarter. Envestnet Asset Management Inc. owned 0.42% of iShares MSCI World ETF worth $21,785,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in iShares MSCI World ETF in the first quarter valued at $3,377,000. Signature Estate & Investment Advisors LLC lifted its stake in shares of iShares MSCI World ETF by 8.5% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 1,420 shares of the company’s stock worth $241,000 after purchasing an additional 111 shares during the period. Barings LLC boosted its stake in iShares MSCI World ETF by 26.2% in the 1st quarter. Barings LLC now owns 314,245 shares of the company’s stock worth $48,136,000 after buying an additional 65,203 shares during the last quarter. Jefferies Financial Group Inc. raised its stake in iShares MSCI World ETF by 0.6% during the first quarter. Jefferies Financial Group Inc. now owns 34,627 shares of the company’s stock worth $5,304,000 after purchasing an additional 195 shares during the period. Finally, Banque Pictet & Cie SA raised its holdings in shares of iShares MSCI World ETF by 1.5% in the 1st quarter. Banque Pictet & Cie SA now owns 28,705 shares of the company’s stock worth $4,397,000 after purchasing an additional 420 shares during the period.

iShares MSCI World ETF Trading Down 1.2%

NYSEARCA:URTH opened at $183.08 on Wednesday. The firm has a market capitalization of $6.59 billion, a price-to-earnings ratio of 22.04 and a beta of 0.97. iShares MSCI World ETF has a twelve month low of $132.93 and a twelve month high of $187.07. The firm’s fifty day simple moving average is $180.84 and its 200 day simple moving average is $171.29.

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.