Goldman Sachs Group Inc. Cuts Position in iShares MSCI United Kingdom ETF $EWU

Goldman Sachs Group Inc. lessened its position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 16.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,773,886 shares of the company’s stock after selling 721,723 shares during the quarter. Goldman Sachs Group Inc. owned about 5.83% of iShares MSCI United Kingdom ETF worth $165,976,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of EWU. NewEdge Advisors LLC boosted its holdings in shares of iShares MSCI United Kingdom ETF by 326.2% in the 2nd quarter. NewEdge Advisors LLC now owns 31,707 shares of the company’s stock worth $1,259,000 after purchasing an additional 24,268 shares during the period. Quantinno Capital Management LP boosted its holdings in shares of iShares MSCI United Kingdom ETF by 7.8% in the 2nd quarter. Quantinno Capital Management LP now owns 29,273 shares of the company’s stock worth $1,163,000 after purchasing an additional 2,113 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of iShares MSCI United Kingdom ETF by 13.6% in the 2nd quarter. Raymond James Financial Inc. now owns 43,580 shares of the company’s stock worth $1,731,000 after purchasing an additional 5,227 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares MSCI United Kingdom ETF by 23.1% in the 2nd quarter. Bank of America Corp DE now owns 3,663,638 shares of the company’s stock worth $145,520,000 after purchasing an additional 686,519 shares during the period. Finally, MML Investors Services LLC boosted its holdings in shares of iShares MSCI United Kingdom ETF by 25.8% in the 2nd quarter. MML Investors Services LLC now owns 61,685 shares of the company’s stock worth $2,450,000 after purchasing an additional 12,656 shares during the period. Hedge funds and other institutional investors 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 $46.38 on Monday. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 15.42 and a beta of 0.59. The stock has a 50 day moving average price of $46.75 and a 200-day moving average price of $45.69. iShares MSCI United Kingdom ETF has a one year low of $38.74 and a one year 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.