Family Firm Inc. Decreases Position in iShares MSCI United Kingdom ETF $EWU

Family Firm Inc. lowered its stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 14.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 11,588 shares of the company’s stock after selling 2,007 shares during the quarter. Family Firm Inc.’s holdings in iShares MSCI United Kingdom ETF were worth $460,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Goldman Sachs Group Inc. boosted its holdings 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 acquiring an additional 513,125 shares during the period. Flow Traders U.S. LLC lifted its position in shares of iShares MSCI United Kingdom ETF by 0.3% during the first 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 boosted its stake in shares of iShares MSCI United Kingdom ETF by 6,770.7% in the first quarter. New Vernon Capital Holdings II LLC now owns 1,723,320 shares of the company’s stock valued at $64,573,000 after purchasing an additional 1,698,238 shares during the period. Jane Street Group LLC boosted its stake in shares of iShares MSCI United Kingdom ETF by 62.2% in the first quarter. Jane Street Group LLC now owns 1,597,495 shares of the company’s stock valued at $59,858,000 after purchasing an additional 612,672 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in iShares MSCI United Kingdom ETF by 4.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 467,703 shares of the company’s stock valued at $18,577,000 after purchasing an additional 21,457 shares in the last quarter. 58.38% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Price Performance

iShares MSCI United Kingdom ETF stock opened at $43.04 on Friday. iShares MSCI United Kingdom ETF has a 12-month low of $32.76 and a 12-month high of $43.72. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71. The firm’s fifty day moving average price is $42.24 and its 200 day moving average price is $40.77.

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.