Valence8 US LP Has $7.83 Million Holdings in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Valence8 US LP reduced its holdings in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 3.5% in the third quarter, HoldingsChannel reports. The firm owned 209,344 shares of the company’s stock after selling 7,590 shares during the period. iShares MSCI United Kingdom ETF makes up about 3.2% of Valence8 US LP’s investment portfolio, making the stock its 7th biggest holding. Valence8 US LP’s holdings in iShares MSCI United Kingdom ETF were worth $7,832,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in EWU. Millburn Ridgefield Corp increased its holdings in shares of iShares MSCI United Kingdom ETF by 8.0% during the third quarter. Millburn Ridgefield Corp now owns 1,677,481 shares of the company’s stock valued at $62,755,000 after acquiring an additional 124,428 shares in the last quarter. Flow Traders U.S. LLC increased its holdings in shares of iShares MSCI United Kingdom ETF by 21.0% during the first quarter. Flow Traders U.S. LLC now owns 1,275,828 shares of the company’s stock valued at $43,646,000 after acquiring an additional 221,226 shares in the last quarter. GHP Investment Advisors Inc. increased its holdings in shares of iShares MSCI United Kingdom ETF by 5.3% during the second quarter. GHP Investment Advisors Inc. now owns 622,317 shares of the company’s stock valued at $21,706,000 after acquiring an additional 31,383 shares in the last quarter. Bricktown Capital LLC bought a new stake in shares of iShares MSCI United Kingdom ETF during the second quarter valued at approximately $17,776,000. Finally, Polianta Ltd bought a new stake in shares of iShares MSCI United Kingdom ETF during the second quarter valued at approximately $14,129,000.

iShares MSCI United Kingdom ETF Stock Up 0.6 %

NYSEARCA EWU opened at $34.95 on Friday. The company has a market cap of $2.73 billion, a price-to-earnings ratio of 12.86 and a beta of 0.68. iShares MSCI United Kingdom ETF has a 52 week low of $31.51 and a 52 week high of $37.88. The business has a 50 day moving average price of $36.33 and a 200-day moving average price of $36.09.

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.