JPMorgan Chase & Co. Has $41.46 Million Stock Holdings in iShares MSCI World ETF $URTH

JPMorgan Chase & Co. reduced its stake in iShares MSCI World ETF (NYSEARCA:URTH) by 13.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 228,335 shares of the company’s stock after selling 35,654 shares during the quarter. JPMorgan Chase & Co. owned about 0.63% of iShares MSCI World ETF worth $41,457,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Clearstead Advisors LLC raised its holdings in iShares MSCI World ETF by 107.9% during the 3rd quarter. Clearstead Advisors LLC now owns 262 shares of the company’s stock worth $48,000 after purchasing an additional 136 shares during the last quarter. MAI Capital Management bought a new stake in shares of iShares MSCI World ETF in the 3rd quarter valued at $50,000. Comerica Bank boosted its stake in shares of iShares MSCI World ETF by 51.1% in the 3rd quarter. Comerica Bank now owns 281 shares of the company’s stock valued at $51,000 after purchasing an additional 95 shares during the last quarter. Close Asset Management Ltd acquired a new stake in shares of iShares MSCI World ETF during the third quarter worth $54,000. Finally, Archer Investment Corp raised its stake in iShares MSCI World ETF by 188.1% during the second quarter. Archer Investment Corp now owns 484 shares of the company’s stock worth $82,000 after buying an additional 316 shares during the last quarter.

iShares MSCI World ETF Stock Down 1.9%

URTH stock opened at $178.00 on Friday. The firm has a market cap of $6.50 billion, a price-to-earnings ratio of 22.04 and a beta of 0.97. iShares MSCI World ETF has a 12-month low of $132.93 and a 12-month high of $192.84. The company’s fifty day simple moving average is $188.32 and its 200 day simple moving average is $185.06.

iShares MSCI World ETF 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.