iShares MSCI United Kingdom ETF $EWU Shares Newly Bought by BFI Infinity Ltd.

BFI Infinity Ltd. purchased a new stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 13,150 shares of the company’s stock, valued at approximately $612,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of EWU. Royal Bank of Canada boosted its position in shares of iShares MSCI United Kingdom ETF by 117.2% in the first quarter. Royal Bank of Canada now owns 4,707,428 shares of the company’s stock valued at $214,472,000 after acquiring an additional 2,539,863 shares during the period. Catalyst Capital Advisors LLC grew its stake in iShares MSCI United Kingdom ETF by 12.3% during the first quarter. Catalyst Capital Advisors LLC now owns 1,439,415 shares of the company’s stock valued at $65,580,000 after acquiring an additional 157,908 shares in the last quarter. Lido Advisors LLC grew its stake in iShares MSCI United Kingdom ETF by 157.2% during the first quarter. Lido Advisors LLC now owns 661,451 shares of the company’s stock valued at $30,136,000 after acquiring an additional 404,254 shares in the last quarter. Rathbones Group PLC grew its stake in iShares MSCI United Kingdom ETF by 13.7% during the first quarter. Rathbones Group PLC now owns 398,087 shares of the company’s stock valued at $18,137,000 after acquiring an additional 48,083 shares in the last quarter. Finally, Syon Capital LLC grew its stake in iShares MSCI United Kingdom ETF by 6.3% during the second quarter. Syon Capital LLC now owns 174,814 shares of the company’s stock valued at $8,066,000 after acquiring an additional 10,334 shares in the last quarter. 58.38% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Trading Up 1.8%

iShares MSCI United Kingdom ETF stock opened at $47.76 on Friday. The firm’s 50 day simple moving average is $47.74 and its 200 day simple moving average is $47.14. The firm has a market capitalization of $3.77 billion, a PE ratio of 15.42 and a beta of 0.59. iShares MSCI United Kingdom ETF has a 1-year low of $41.33 and a 1-year high of $49.39.

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.