Beam Wealth Advisors Inc. Sells 1,171 Shares of iShares MSCI World ETF (NYSEARCA:URTH)

Beam Wealth Advisors Inc. lessened its holdings in iShares MSCI World ETF (NYSEARCA:URTH) by 4.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 25,358 shares of the company’s stock after selling 1,171 shares during the period. iShares MSCI World ETF accounts for approximately 1.2% of Beam Wealth Advisors Inc.’s holdings, making the stock its 20th biggest position. Beam Wealth Advisors Inc.’s holdings in iShares MSCI World ETF were worth $3,943,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in iShares MSCI World ETF by 56.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,700 shares of the company’s stock worth $2,620,000 after buying an additional 6,000 shares in the last quarter. Truist Financial Corp purchased a new stake in iShares MSCI World ETF in the 4th quarter worth $2,391,000. D.A. Davidson & CO. purchased a new stake in iShares MSCI World ETF in the 4th quarter worth $459,000. Principal Securities Inc. increased its stake in iShares MSCI World ETF by 22.1% in the 4th quarter. Principal Securities Inc. now owns 414 shares of the company’s stock worth $64,000 after buying an additional 75 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its position in shares of iShares MSCI World ETF by 12.6% during the fourth quarter. Sanctuary Advisors LLC now owns 7,004 shares of the company’s stock valued at $1,132,000 after purchasing an additional 783 shares in the last quarter.

iShares MSCI World ETF Stock Down 1.7 %

Shares of iShares MSCI World ETF stock opened at $156.49 on Friday. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 23.71 and a beta of 0.98. The business has a 50-day moving average price of $159.41 and a 200-day moving average price of $157.57. iShares MSCI World ETF has a twelve month low of $136.93 and a twelve month high of $164.21.

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.