NewEdge Advisors LLC Has $265,000 Stock Position in iShares MSCI United Kingdom ETF $EWU

NewEdge Advisors LLC lowered its stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 82.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,813 shares of the company’s stock after selling 27,336 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares MSCI United Kingdom ETF were worth $265,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EWU. Purpose Unlimited Inc. bought a new position in shares of iShares MSCI United Kingdom ETF in the fourth quarter worth about $25,000. Evelyn Partners Investment Management LLP lifted its holdings in iShares MSCI United Kingdom ETF by 216.7% in the fourth quarter. Evelyn Partners Investment Management LLP now owns 950 shares of the company’s stock valued at $42,000 after buying an additional 650 shares during the period. Allworth Financial LP boosted its stake in iShares MSCI United Kingdom ETF by 105.8% in the fourth quarter. Allworth Financial LP now owns 963 shares of the company’s stock valued at $42,000 after acquiring an additional 495 shares during the last quarter. TD Waterhouse Canada Inc. grew its holdings in iShares MSCI United Kingdom ETF by 28.6% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,002 shares of the company’s stock worth $44,000 after acquiring an additional 223 shares during the period. Finally, Colonial Trust Advisors acquired a new stake in iShares MSCI United Kingdom ETF during the 4th quarter worth $53,000. Institutional investors and hedge funds own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Stock Performance

Shares of iShares MSCI United Kingdom ETF stock opened at $48.34 on Wednesday. iShares MSCI United Kingdom ETF has a 52 week low of $40.13 and a 52 week high of $48.92. The firm has a fifty day moving average of $46.72 and a two-hundred day moving average of $46.62. The stock has a market capitalization of $4.14 billion, a price-to-earnings ratio of 15.42 and a beta of 0.59.

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.