Providence First Trust Co Invests $1.14 Million in iShares MSCI United Kingdom ETF $EWU

Providence First Trust Co bought a new stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 25,951 shares of the company’s stock, valued at approximately $1,141,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI United Kingdom ETF by 134.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,326,876 shares of the company’s stock valued at $55,689,000 after buying an additional 759,844 shares in the last quarter. Bank of America Corp DE lifted its position in iShares MSCI United Kingdom ETF by 23.1% during the second quarter. Bank of America Corp DE now owns 3,663,638 shares of the company’s stock valued at $145,520,000 after purchasing an additional 686,519 shares in the last quarter. Union Bancaire Privee UBP SA raised its stake in shares of iShares MSCI United Kingdom ETF by 26,300.2% in the fourth quarter. Union Bancaire Privee UBP SA now owns 506,091 shares of the company’s stock worth $22,323,000 after buying an additional 504,174 shares during the period. Lido Advisors LLC lifted its position in shares of iShares MSCI United Kingdom ETF by 151.8% during the 3rd quarter. Lido Advisors LLC now owns 251,453 shares of the company’s stock valued at $10,554,000 after buying an additional 151,602 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in shares of iShares MSCI United Kingdom ETF by 8,564.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 133,871 shares of the company’s stock valued at $5,619,000 after acquiring an additional 132,326 shares during the period. 58.38% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Trading Up 0.1%

NYSEARCA EWU opened at $46.45 on Wednesday. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 15.42 and a beta of 0.60. iShares MSCI United Kingdom ETF has a 12 month low of $38.02 and a 12 month high of $48.92. The company’s 50 day moving average is $46.57 and its two-hundred day moving average is $45.02.

iShares MSCI United Kingdom ETF Company 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.