NewEdge Advisors LLC Has $265,000 Position in iShares MSCI United Kingdom ETF $EWU

NewEdge Advisors LLC lessened its holdings in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 82.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,813 shares of the company’s stock after selling 27,336 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI United Kingdom ETF were worth $265,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Quantinno Capital Management LP raised its holdings in iShares MSCI United Kingdom ETF by 7.8% during the 2nd quarter. Quantinno Capital Management LP now owns 29,273 shares of the company’s stock worth $1,163,000 after buying an additional 2,113 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of iShares MSCI United Kingdom ETF by 13.6% in the second quarter. Raymond James Financial Inc. now owns 43,580 shares of the company’s stock valued at $1,731,000 after buying an additional 5,227 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares MSCI United Kingdom ETF by 23.1% in the second quarter. Bank of America Corp DE now owns 3,663,638 shares of the company’s stock valued at $145,520,000 after buying an additional 686,519 shares during the period. MML Investors Services LLC boosted its holdings in shares of iShares MSCI United Kingdom ETF by 25.8% in the second quarter. MML Investors Services LLC now owns 61,685 shares of the company’s stock valued at $2,450,000 after buying an additional 12,656 shares during the period. Finally, Riggs Asset Managment Co. Inc. bought a new stake in shares of iShares MSCI United Kingdom ETF during the second quarter worth $124,000. 58.38% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI United Kingdom ETF Stock Up 0.2%

Shares of NYSEARCA:EWU opened at $48.34 on Wednesday. iShares MSCI United Kingdom ETF has a 12 month low of $40.13 and a 12 month high of $48.92. The company’s fifty day simple moving average is $46.72 and its 200 day simple moving average is $46.62. The firm has a market cap of $4.14 billion, a price-to-earnings ratio of 15.42 and a beta of 0.59.

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.