Royal Bank of Canada Has $214.47 Million Stock Holdings in iShares MSCI United Kingdom ETF $EWU

Royal Bank of Canada raised its position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 117.2% during the first quarter, Holdings Channel reports. The institutional investor owned 4,707,428 shares of the company’s stock after buying an additional 2,539,863 shares during the quarter. Royal Bank of Canada owned approximately 0.06% of iShares MSCI United Kingdom ETF worth $214,472,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC acquired a new stake in iShares MSCI United Kingdom ETF in the fourth quarter worth about $1,009,000. Park Edge Advisors LLC acquired a new stake in shares of iShares MSCI United Kingdom ETF during the 4th quarter worth approximately $3,301,000. Montag A & Associates Inc. raised its stake in shares of iShares MSCI United Kingdom ETF by 23.6% during the fourth quarter. Montag A & Associates Inc. now owns 77,515 shares of the company’s stock worth $3,409,000 after buying an additional 14,782 shares during the last quarter. Tudor Investment Corp ET AL raised its stake in shares of iShares MSCI United Kingdom ETF by 255.4% during the third quarter. Tudor Investment Corp ET AL now owns 144,786 shares of the company’s stock worth $6,077,000 after buying an additional 104,050 shares during the last quarter. Finally, Ascent Group LLC acquired a new position in iShares MSCI United Kingdom ETF in the fourth quarter valued at approximately $1,356,000. 58.38% of the stock is owned by institutional investors and hedge funds.

iShares MSCI United Kingdom ETF Stock Performance

EWU opened at $47.90 on Thursday. The company has a fifty day moving average price of $46.62 and a two-hundred day moving average price of $46.52. iShares MSCI United Kingdom ETF has a 52 week low of $39.60 and a 52 week high of $48.92. The firm has a market capitalization of $4.10 billion, a PE ratio of 15.42 and a beta of 0.59.

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.