iShares MSCI United Kingdom ETF (NYSEARCA:EWU – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 588,751 shares traded hands during trading, a decline of 50% from the previous session’s volume of 1,174,095 shares.The stock last traded at $33.20 and had previously closed at $33.49.
iShares MSCI United Kingdom ETF Trading Down 0.1 %
The firm has a 50-day simple moving average of $34.76 and a 200-day simple moving average of $35.79. The firm has a market cap of $2.60 billion, a P/E ratio of 12.86 and a beta of 0.68.
Institutional Investors Weigh In On iShares MSCI United Kingdom ETF
A number of institutional investors have recently added to or reduced their stakes in EWU. Commonwealth Equity Services LLC grew its holdings in iShares MSCI United Kingdom ETF by 95.9% in the second quarter. Commonwealth Equity Services LLC now owns 13,101 shares of the company’s stock worth $457,000 after purchasing an additional 6,412 shares during the last quarter. Hsbc Holdings PLC increased its position in iShares MSCI United Kingdom ETF by 30.9% during the 2nd quarter. Hsbc Holdings PLC now owns 85,290 shares of the company’s stock valued at $2,975,000 after buying an additional 20,114 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in iShares MSCI United Kingdom ETF during the 2nd quarter valued at about $3,938,000. Marshall Wace LLP purchased a new stake in iShares MSCI United Kingdom ETF in the second quarter valued at about $6,806,000. Finally, Insigneo Advisory Services LLC acquired a new stake in iShares MSCI United Kingdom ETF in the second quarter worth about $849,000.
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.
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