11,600 Shares in iShares MSCI United Kingdom ETF $EWU Acquired by Laffer Tengler Investments Inc.

Laffer Tengler Investments Inc. acquired a new stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 11,600 shares of the company’s stock, valued at approximately $487,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in shares of iShares MSCI United Kingdom ETF by 23.1% in the second quarter. Bank of America Corp DE now owns 3,663,638 shares of the company’s stock worth $145,520,000 after acquiring an additional 686,519 shares during the last quarter. Flow Traders U.S. LLC boosted its stake in iShares MSCI United Kingdom ETF by 74.4% in the 2nd quarter. Flow Traders U.S. LLC now owns 3,167,448 shares of the company’s stock worth $125,811,000 after purchasing an additional 1,351,538 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares MSCI United Kingdom ETF by 134.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,326,876 shares of the company’s stock worth $55,689,000 after purchasing an additional 759,844 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares MSCI United Kingdom ETF by 7.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 500,355 shares of the company’s stock valued at $21,000,000 after purchasing an additional 32,652 shares during the last quarter. Finally, Rathbones Group PLC increased its stake in iShares MSCI United Kingdom ETF by 3.7% during the 2nd quarter. Rathbones Group PLC now owns 358,390 shares of the company’s stock valued at $14,235,000 after purchasing an additional 12,702 shares in the last quarter. 58.38% of the stock is owned by institutional investors.

iShares MSCI United Kingdom ETF Stock Performance

Shares of iShares MSCI United Kingdom ETF stock opened at $46.76 on Wednesday. The company has a 50-day simple moving average of $46.05 and a two-hundred day simple moving average of $43.65. The stock has a market capitalization of $3.03 billion, a PE ratio of 15.42 and a beta of 0.71. iShares MSCI United Kingdom ETF has a 52-week low of $32.76 and a 52-week high of $48.92.

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.