Brookstone Capital Management Acquires 2,080 Shares of iShares MSCI United Kingdom ETF $EWU

Brookstone Capital Management boosted its position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 33.4% in the second quarter, HoldingsChannel reports. The firm owned 8,300 shares of the company’s stock after buying an additional 2,080 shares during the quarter. Brookstone Capital Management’s holdings in iShares MSCI United Kingdom ETF were worth $330,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its position in iShares MSCI United Kingdom ETF by 6.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,775,328 shares of the company’s stock worth $328,812,000 after purchasing an additional 513,125 shares in the last quarter. Flow Traders U.S. LLC grew its position in iShares MSCI United Kingdom ETF by 0.3% in the 1st quarter. Flow Traders U.S. LLC now owns 1,815,910 shares of the company’s stock worth $68,042,000 after purchasing an additional 4,748 shares in the last quarter. New Vernon Capital Holdings II LLC grew its position in iShares MSCI United Kingdom ETF by 6,770.7% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 1,723,320 shares of the company’s stock worth $64,573,000 after purchasing an additional 1,698,238 shares in the last quarter. Jane Street Group LLC grew its position in iShares MSCI United Kingdom ETF by 62.2% in the 1st quarter. Jane Street Group LLC now owns 1,597,495 shares of the company’s stock worth $59,858,000 after purchasing an additional 612,672 shares in the last quarter. Finally, Royal Bank of Canada grew its position in iShares MSCI United Kingdom ETF by 10.3% in the 1st quarter. Royal Bank of Canada now owns 443,292 shares of the company’s stock worth $16,612,000 after purchasing an additional 41,473 shares in the last quarter. 58.38% of the stock is owned by institutional investors.

iShares MSCI United Kingdom ETF Stock Performance

Shares of EWU stock opened at $42.98 on Tuesday. iShares MSCI United Kingdom ETF has a 52-week low of $32.76 and a 52-week high of $42.99. The company has a 50-day simple moving average of $41.88 and a two-hundred day simple moving average of $40.24. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71.

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.