Rathbones Group PLC Lowers Stock Holdings in iShares MSCI United Kingdom ETF $EWU

Rathbones Group PLC trimmed its position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 350,004 shares of the company’s stock after selling 12,590 shares during the quarter. Rathbones Group PLC’s holdings in iShares MSCI United Kingdom ETF were worth $15,393,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of iShares MSCI United Kingdom ETF by 11.9% in the third quarter. Bank of America Corp DE now owns 4,100,915 shares of the company’s stock worth $172,115,000 after buying an additional 437,277 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares MSCI United Kingdom ETF by 134.0% in the third quarter. JPMorgan Chase & Co. now owns 1,326,876 shares of the company’s stock valued at $55,689,000 after purchasing an additional 759,844 shares in the last quarter. Union Bancaire Privee UBP SA raised its stake in iShares MSCI United Kingdom ETF by 26,300.2% in the fourth quarter. Union Bancaire Privee UBP SA now owns 506,091 shares of the company’s stock valued at $22,323,000 after purchasing an additional 504,174 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares MSCI United Kingdom ETF by 7.0% during the third quarter. Envestnet Asset Management Inc. now owns 500,355 shares of the company’s stock valued at $21,000,000 after purchasing an additional 32,652 shares during the last quarter. Finally, Polianta Ltd lifted its position in iShares MSCI United Kingdom ETF by 33.8% during the fourth quarter. Polianta Ltd now owns 429,100 shares of the company’s stock valued at $18,871,000 after purchasing an additional 108,300 shares during the last quarter. 58.38% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Price Performance

Shares of iShares MSCI United Kingdom ETF stock opened at $46.42 on Tuesday. iShares MSCI United Kingdom ETF has a 1 year low of $32.76 and a 1 year high of $48.92. The firm has a market cap of $3.42 billion, a PE ratio of 15.42 and a beta of 0.71. The company has a 50 day simple moving average of $46.46 and a two-hundred day simple moving average of $44.31.

iShares MSCI United Kingdom ETF Profile

The iShares MSCI United Kingdom ETF (EWU) is an exchange-traded fund that is based on the MSCI United Kingdom index. The fund tracks a market cap-weighted index of British companies. It covers the top 85% of British companies by market cap. EWU was launched on Mar 12, 1996 and is managed by BlackRock.