Mount Lucas Management LP Decreases Stock Position in iShares MSCI United Kingdom ETF $EWU

Mount Lucas Management LP decreased its position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 7.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,653 shares of the company’s stock after selling 1,470 shares during the period. Mount Lucas Management LP’s holdings in iShares MSCI United Kingdom ETF were worth $781,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC increased its stake in iShares MSCI United Kingdom ETF by 1.6% during the second quarter. Signaturefd LLC now owns 17,885 shares of the company’s stock worth $710,000 after acquiring an additional 284 shares during the last quarter. Invesco Ltd. increased its position in shares of iShares MSCI United Kingdom ETF by 1.4% during the 1st quarter. Invesco Ltd. now owns 22,659 shares of the company’s stock valued at $849,000 after purchasing an additional 312 shares during the last quarter. ABC Arbitrage SA raised its holdings in iShares MSCI United Kingdom ETF by 1.0% during the 2nd quarter. ABC Arbitrage SA now owns 32,419 shares of the company’s stock valued at $1,288,000 after buying an additional 316 shares during the period. Truist Financial Corp lifted its position in iShares MSCI United Kingdom ETF by 5.0% in the second quarter. Truist Financial Corp now owns 7,559 shares of the company’s stock worth $300,000 after buying an additional 363 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in iShares MSCI United Kingdom ETF by 13.5% in the second quarter. Bank of Montreal Can now owns 3,600 shares of the company’s stock worth $143,000 after buying an additional 428 shares during the last quarter. Institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Stock Down 0.6%

EWU stock opened at $42.77 on Monday. The firm’s fifty day simple moving average is $42.26 and its two-hundred day simple moving average is $40.84. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71. iShares MSCI United Kingdom ETF has a twelve month low of $32.76 and a twelve month high of $43.72.

iShares MSCI United Kingdom ETF Company 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.