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

Rathbones Group PLC increased its stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 13.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 398,087 shares of the company’s stock after acquiring an additional 48,083 shares during the period. Rathbones Group PLC owned about 0.54% of iShares MSCI United Kingdom ETF worth $18,137,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC bought a new stake in shares of iShares MSCI United Kingdom ETF in the fourth quarter worth about $1,009,000. Montag A & Associates Inc. boosted its holdings in shares of iShares MSCI United Kingdom ETF by 23.6% during the 4th quarter. Montag A & Associates Inc. now owns 77,515 shares of the company’s stock valued at $3,409,000 after buying an additional 14,782 shares in the last quarter. Tudor Investment Corp ET AL increased its position in iShares MSCI United Kingdom ETF by 255.4% during the 3rd quarter. Tudor Investment Corp ET AL now owns 144,786 shares of the company’s stock valued at $6,077,000 after buying an additional 104,050 shares in the last quarter. Ascent Group LLC purchased a new stake in shares of iShares MSCI United Kingdom ETF during the fourth quarter valued at approximately $1,356,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of iShares MSCI United Kingdom ETF in the fourth quarter worth approximately $635,000. 58.38% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Trading Down 0.4%

Shares of NYSEARCA EWU opened at $48.23 on Tuesday. iShares MSCI United Kingdom ETF has a 12-month low of $40.03 and a 12-month high of $48.92. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 15.42 and a beta of 0.59. The firm has a 50 day moving average of $46.70 and a 200 day moving average of $46.60.

About iShares MSCI United Kingdom ETF

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.