Rathbones Group PLC Buys 48,083 Shares of iShares MSCI United Kingdom ETF $EWU

Rathbones Group PLC grew its stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 13.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 398,087 shares of the company’s stock after buying an additional 48,083 shares during the period. Rathbones Group PLC’s holdings in iShares MSCI United Kingdom ETF were worth $18,137,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in EWU. Royal Bank of Canada increased its holdings 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 worth $214,472,000 after acquiring an additional 2,539,863 shares in the last quarter. Bank of America Corp DE raised its stake in 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 acquiring an additional 686,519 shares during the period. Picton Mahoney Asset Management lifted its holdings in iShares MSCI United Kingdom ETF by 101.0% during the fourth quarter. Picton Mahoney Asset Management now owns 6,220 shares of the company’s stock valued at $274,000 after purchasing an additional 640,000 shares in the last quarter. Lido Advisors LLC lifted its holdings in iShares MSCI United Kingdom ETF by 157.2% during the first quarter. Lido Advisors LLC now owns 661,451 shares of the company’s stock valued at $30,136,000 after purchasing an additional 404,254 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of iShares MSCI United Kingdom ETF by 11.2% in the fourth quarter. Morgan Stanley now owns 2,523,562 shares of the company’s stock worth $110,986,000 after purchasing an additional 253,162 shares during the period. 58.38% of the stock is currently owned by institutional investors.

iShares MSCI United Kingdom ETF Price Performance

Shares of EWU stock opened at $48.23 on Tuesday. The company has a market capitalization of $4.13 billion, a price-to-earnings ratio of 15.42 and a beta of 0.59. iShares MSCI United Kingdom ETF has a one year low of $40.03 and a one year high of $48.92. The company’s fifty day moving average price is $46.70 and its 200-day moving average price is $46.60.

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.