iShares MSCI United Kingdom ETF $EWU Stock Position Decreased by NewEdge Advisors LLC

NewEdge Advisors LLC reduced its position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 82.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 5,813 shares of the company’s stock after selling 27,336 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares MSCI United Kingdom ETF were worth $265,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of EWU. TD Waterhouse Canada Inc. increased its holdings in iShares MSCI United Kingdom ETF by 28.6% in the fourth quarter. TD Waterhouse Canada Inc. now owns 1,002 shares of the company’s stock worth $44,000 after buying an additional 223 shares during the last quarter. Lmcg Investments LLC increased its stake in shares of iShares MSCI United Kingdom ETF by 0.9% in the fourth quarter. Lmcg Investments LLC now owns 27,313 shares of the company’s stock worth $1,201,000 after purchasing an additional 237 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of iShares MSCI United Kingdom ETF by 28.4% during the third quarter. Russell Investments Group Ltd. now owns 1,400 shares of the company’s stock worth $59,000 after buying an additional 310 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares MSCI United Kingdom ETF by 1.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 18,342 shares of the company’s stock valued at $770,000 after purchasing an additional 331 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its position in shares of iShares MSCI United Kingdom ETF by 4.0% during the first quarter. Kestra Advisory Services LLC now owns 9,159 shares of the company’s stock valued at $417,000 after buying an additional 353 shares during the last quarter. 58.38% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Trading Up 0.3%

Shares of EWU stock opened at $49.10 on Tuesday. The stock has a 50 day moving average of $47.22 and a two-hundred day moving average of $46.89. The company has a market capitalization of $4.20 billion, a P/E ratio of 15.42 and a beta of 0.59. iShares MSCI United Kingdom ETF has a 12 month low of $40.67 and a 12 month high of $49.16.

iShares MSCI United Kingdom ETF Company 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.