Prospera Financial Services Inc Trims Position in iShares MSCI United Kingdom ETF $EWU

Prospera Financial Services Inc trimmed its holdings in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 8.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 95,557 shares of the company’s stock after selling 8,878 shares during the period. Prospera Financial Services Inc owned approximately 0.13% of iShares MSCI United Kingdom ETF worth $3,795,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Founders Financial Alliance LLC purchased a new position in shares of iShares MSCI United Kingdom ETF during the first quarter worth $50,000. Simplex Trading LLC purchased a new stake in iShares MSCI United Kingdom ETF in the first quarter valued at $125,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in iShares MSCI United Kingdom ETF during the 2nd quarter worth about $137,000. Bank of Montreal Can grew its position in iShares MSCI United Kingdom ETF by 13.5% during the 2nd quarter. Bank of Montreal Can now owns 3,600 shares of the company’s stock worth $143,000 after purchasing an additional 428 shares during the period. Finally, Everstar Asset Management LLC purchased a new position in shares of iShares MSCI United Kingdom ETF during the 1st quarter valued at about $173,000. 58.38% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Stock Up 0.6%

Shares of EWU opened at $42.87 on Monday. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71. iShares MSCI United Kingdom ETF has a 52 week low of $32.76 and a 52 week high of $43.13. The stock’s 50-day moving average price is $42.06 and its 200-day moving average price is $40.65.

About iShares MSCI United Kingdom ETF

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.