JPMorgan Chase & Co. Buys 759,844 Shares of iShares MSCI United Kingdom ETF $EWU

JPMorgan Chase & Co. grew its stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 134.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,326,876 shares of the company’s stock after purchasing an additional 759,844 shares during the period. JPMorgan Chase & Co. owned approximately 2.08% of iShares MSCI United Kingdom ETF worth $55,689,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in EWU. Bank of Montreal Can raised its holdings in iShares MSCI United Kingdom ETF by 13.5% during the second quarter. Bank of Montreal Can now owns 3,600 shares of the company’s stock worth $143,000 after buying an additional 428 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in shares of iShares MSCI United Kingdom ETF by 96.6% during the second quarter. Nomura Asset Management Co. Ltd. now owns 10,174 shares of the company’s stock worth $404,000 after acquiring an additional 5,000 shares in the last quarter. CreativeOne Wealth LLC raised its holdings in shares of iShares MSCI United Kingdom ETF by 36.1% in the 2nd quarter. CreativeOne Wealth LLC now owns 8,513 shares of the company’s stock worth $338,000 after acquiring an additional 2,260 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of iShares MSCI United Kingdom ETF in the 2nd quarter worth about $320,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in iShares MSCI United Kingdom ETF by 20.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 18,011 shares of the company’s stock valued at $715,000 after acquiring an additional 3,100 shares in the last quarter. Institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Stock Down 2.8%

Shares of iShares MSCI United Kingdom ETF stock opened at $43.85 on Friday. iShares MSCI United Kingdom ETF has a 52 week low of $32.76 and a 52 week high of $48.92. The business has a 50 day moving average price of $46.45 and a 200-day moving average price of $44.01. The company has a market cap of $2.84 billion, a PE ratio of 15.42 and a beta of 0.71.

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.