Mawer Investment Management Ltd. Purchases Shares of 107,855 iShares MSCI United Kingdom ETF $EWU

Mawer Investment Management Ltd. acquired a new position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 107,855 shares of the company’s stock, valued at approximately $4,743,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in shares of 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 during the period. Bank of America Corp DE boosted its holdings in shares of iShares MSCI United Kingdom ETF by 23.1% during the 2nd quarter. Bank of America Corp DE now owns 3,663,638 shares of the company’s stock worth $145,520,000 after buying an additional 686,519 shares during the period. Union Bancaire Privee UBP SA grew its stake in iShares MSCI United Kingdom ETF by 26,300.2% in the 4th quarter. Union Bancaire Privee UBP SA now owns 506,091 shares of the company’s stock valued at $22,323,000 after buying an additional 504,174 shares during the last quarter. Lido Advisors LLC raised its holdings in iShares MSCI United Kingdom ETF by 151.8% in the 3rd quarter. Lido Advisors LLC now owns 251,453 shares of the company’s stock valued at $10,554,000 after acquiring an additional 151,602 shares during the period. Finally, Qube Research & Technologies Ltd lifted its position in iShares MSCI United Kingdom ETF by 8,564.8% during the third quarter. Qube Research & Technologies Ltd now owns 133,871 shares of the company’s stock worth $5,619,000 after acquiring an additional 132,326 shares during the last quarter. 58.38% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI United Kingdom ETF Stock Down 0.5%

Shares of NYSEARCA:EWU opened at $46.69 on Tuesday. iShares MSCI United Kingdom ETF has a 12-month low of $38.74 and a 12-month high of $48.92. The business has a 50 day moving average of $46.58 and a 200-day moving average of $45.58. The stock has a market cap of $3.44 billion, a PE ratio of 15.42 and a beta of 0.60.

About iShares MSCI United Kingdom ETF

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.