18,975 Shares of iShares MSCI United Kingdom ETF $EWU Purchased by Boltwood Capital Management

Boltwood Capital Management bought a new position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the third quarter, Holdings Channel reports. The institutional investor bought 18,975 shares of the company’s stock, valued at approximately $883,000.

Several other hedge funds have also recently modified their holdings of the stock. Royal Bank of Canada lifted its stake 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. Catalyst Capital Advisors LLC boosted its holdings in iShares MSCI United Kingdom ETF by 12.3% in the 1st quarter. Catalyst Capital Advisors LLC now owns 1,439,415 shares of the company’s stock worth $65,580,000 after buying an additional 157,908 shares during the last quarter. Lido Advisors LLC increased its stake in iShares MSCI United Kingdom ETF by 157.2% during the 1st quarter. Lido Advisors LLC now owns 661,451 shares of the company’s stock worth $30,136,000 after buying an additional 404,254 shares in the last quarter. Principal Securities Inc. increased its stake in iShares MSCI United Kingdom ETF by 7.7% during the 4th quarter. Principal Securities Inc. now owns 491,983 shares of the company’s stock worth $21,637,000 after buying an additional 35,138 shares in the last quarter. Finally, Rathbones Group PLC raised its holdings in shares of iShares MSCI United Kingdom ETF by 13.7% during the first quarter. Rathbones Group PLC now owns 398,087 shares of the company’s stock valued at $18,137,000 after acquiring an additional 48,083 shares during the last quarter. Institutional investors and hedge funds own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Stock Up 0.6%

Shares of NYSEARCA EWU traded up $0.29 during midday trading on Friday, hitting $46.18. The stock had a trading volume of 2,038,270 shares, compared to its average volume of 1,689,028. The company has a market capitalization of $3.65 billion, a PE ratio of 15.42 and a beta of 0.59. The stock has a 50 day simple moving average of $48.04 and a 200-day simple moving average of $47.03. iShares MSCI United Kingdom ETF has a 1 year low of $41.33 and a 1 year high of $49.39.

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.