Rathbones Group PLC Lowers Position in iShares MSCI United Kingdom ETF $EWU

Rathbones Group PLC cut its stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 350,004 shares of the company’s stock after selling 12,590 shares during the quarter. Rathbones Group PLC owned 0.54% of iShares MSCI United Kingdom ETF worth $15,393,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of EWU. Allworth Financial LP raised its stake in shares of iShares MSCI United Kingdom ETF by 105.8% in the fourth quarter. Allworth Financial LP now owns 963 shares of the company’s stock worth $42,000 after purchasing an additional 495 shares during the last quarter. TD Waterhouse Canada Inc. grew its holdings in shares of iShares MSCI United Kingdom ETF by 28.6% in the fourth quarter. TD Waterhouse Canada Inc. now owns 1,002 shares of the company’s stock valued at $44,000 after acquiring an additional 223 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares MSCI United Kingdom ETF by 201.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,206 shares of the company’s stock valued at $53,000 after acquiring an additional 806 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of iShares MSCI United Kingdom ETF by 24.4% in the third quarter. Jones Financial Companies Lllp now owns 1,300 shares of the company’s stock valued at $54,000 after acquiring an additional 255 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of iShares MSCI United Kingdom ETF by 28.4% in the third quarter. Russell Investments Group Ltd. now owns 1,400 shares of the company’s stock valued at $59,000 after acquiring an additional 310 shares in the last quarter. 58.38% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Stock Up 0.6%

EWU stock opened at $47.34 on Friday. The firm has a market cap of $3.49 billion, a PE ratio of 15.42 and a beta of 0.60. The business has a 50 day moving average of $46.40 and a 200-day moving average of $45.38. iShares MSCI United Kingdom ETF has a 12-month low of $38.74 and a 12-month 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.