iShares MSCI United Kingdom ETF $EWU Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC reduced 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 disclosure with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Royal Bank of Canada grew its position in iShares MSCI United Kingdom ETF by 117.2% in the 1st quarter. Royal Bank of Canada now owns 4,707,428 shares of the company’s stock valued at $214,472,000 after buying an additional 2,539,863 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares MSCI United Kingdom ETF by 23.1% during the 2nd quarter. Bank of America Corp DE now owns 3,663,638 shares of the company’s stock worth $145,520,000 after buying an additional 686,519 shares in the last quarter. Picton Mahoney Asset Management raised its position in shares of iShares MSCI United Kingdom ETF by 101.0% during the 4th quarter. Picton Mahoney Asset Management now owns 6,220 shares of the company’s stock worth $274,000 after buying an additional 640,000 shares in the last quarter. Lido Advisors LLC lifted its stake in shares of iShares MSCI United Kingdom ETF by 157.2% in the 1st quarter. Lido Advisors LLC now owns 661,451 shares of the company’s stock worth $30,136,000 after acquiring an additional 404,254 shares during the period. Finally, Morgan Stanley lifted its stake in shares of iShares MSCI United Kingdom ETF by 11.2% in the 4th quarter. Morgan Stanley now owns 2,523,562 shares of the company’s stock worth $110,986,000 after acquiring an additional 253,162 shares during the period. Institutional investors and hedge funds own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Price Performance

iShares MSCI United Kingdom ETF stock opened at $49.10 on Tuesday. iShares MSCI United Kingdom ETF has a 12-month low of $40.67 and a 12-month high of $49.16. The stock has a market capitalization of $4.20 billion, a PE ratio of 15.42 and a beta of 0.59. The firm has a 50 day simple moving average of $47.22 and a 200-day simple moving average of $46.89.

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.