Truist Financial Corp Invests $2.39 Million in iShares MSCI World ETF (NYSEARCA:URTH)

Truist Financial Corp bought a new position in shares of iShares MSCI World ETF (NYSEARCA:URTH) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 15,377 shares of the company’s stock, valued at approximately $2,391,000. Truist Financial Corp owned 0.07% of iShares MSCI World ETF at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. bought a new stake in shares of iShares MSCI World ETF during the 3rd quarter worth $27,000. Archer Investment Corp raised its stake in shares of iShares MSCI World ETF by 97.1% during the 3rd quarter. Archer Investment Corp now owns 203 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the period. Activest Wealth Management bought a new stake in shares of iShares MSCI World ETF during the 3rd quarter worth $44,000. Glass Jacobson Investment Advisors llc raised its stake in shares of iShares MSCI World ETF by 24.8% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 408 shares of the company’s stock worth $64,000 after purchasing an additional 81 shares during the period. Finally, Principal Securities Inc. raised its stake in shares of iShares MSCI World ETF by 22.1% during the 4th quarter. Principal Securities Inc. now owns 414 shares of the company’s stock worth $64,000 after purchasing an additional 75 shares during the period.

iShares MSCI World ETF Stock Performance

Shares of iShares MSCI World ETF stock opened at $160.41 on Wednesday. iShares MSCI World ETF has a 52-week low of $136.93 and a 52-week high of $164.21. The stock’s 50-day simple moving average is $159.22 and its 200 day simple moving average is $157.08. The stock has a market capitalization of $4.44 billion, a P/E ratio of 23.71 and a beta of 0.98.

iShares MSCI World ETF Company 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.