Contravisory Investment Management Inc. acquired a new stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 25,319 shares of the company’s stock, valued at approximately $1,178,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JGP Wealth Management LLC boosted its stake in shares of iShares MSCI United Kingdom ETF by 33.0% during the 3rd quarter. JGP Wealth Management LLC now owns 8,595 shares of the company’s stock valued at $400,000 after buying an additional 2,133 shares during the period. Tactive Advisors LLC increased its stake in shares of iShares MSCI United Kingdom ETF by 64.4% in the third quarter. Tactive Advisors LLC now owns 12,065 shares of the company’s stock worth $561,000 after acquiring an additional 4,727 shares during the last quarter. Boltwood Capital Management acquired a new position in shares of iShares MSCI United Kingdom ETF in the third quarter worth $883,000. NewEdge Advisors LLC raised its holdings in shares of iShares MSCI United Kingdom ETF by 29.4% during the second quarter. NewEdge Advisors LLC now owns 7,520 shares of the company’s stock worth $347,000 after acquiring an additional 1,707 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in shares of iShares MSCI United Kingdom ETF by 32.5% during the second quarter. IFP Advisors Inc now owns 11,509 shares of the company’s stock worth $531,000 after acquiring an additional 2,821 shares in the last quarter. Hedge funds and other institutional investors own 58.38% of the company’s stock.
iShares MSCI United Kingdom ETF Price Performance
EWU traded up $0.12 during trading on Tuesday, reaching $46.82. 701,016 shares of the stock traded hands, compared to its average volume of 1,660,753. The stock has a market cap of $3.70 billion, a price-to-earnings ratio of 15.42 and a beta of 0.59. iShares MSCI United Kingdom ETF has a fifty-two week low of $41.33 and a fifty-two week high of $49.39. The stock’s 50-day simple moving average is $47.81 and its two-hundred day simple moving average is $47.09.
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.
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