Raymond James & Associates Sells 1,346 Shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Raymond James & Associates lowered its holdings in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 4.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 26,318 shares of the company’s stock after selling 1,346 shares during the period. Raymond James & Associates’ holdings in iShares MSCI United Kingdom ETF were worth $870,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. Compagnie Lombard Odier SCmA lifted its stake in shares of iShares MSCI United Kingdom ETF by 60.8% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 16,829 shares of the company’s stock valued at $556,000 after buying an additional 6,360 shares during the period. TBH Global Asset Management LLC grew its holdings in shares of iShares MSCI United Kingdom ETF by 0.6% during the 3rd quarter. TBH Global Asset Management LLC now owns 74,384 shares of the company’s stock worth $2,354,000 after purchasing an additional 456 shares in the last quarter. Comerica Bank bought a new stake in shares of iShares MSCI United Kingdom ETF during the third quarter valued at approximately $5,181,000. PGIM Custom Harvest LLC raised its stake in shares of iShares MSCI United Kingdom ETF by 29.3% in the third quarter. PGIM Custom Harvest LLC now owns 142,256 shares of the company’s stock valued at $4,501,000 after purchasing an additional 32,263 shares in the last quarter. Finally, LPL Financial LLC lifted its position in iShares MSCI United Kingdom ETF by 75.4% in the third quarter. LPL Financial LLC now owns 363,911 shares of the company’s stock worth $11,514,000 after purchasing an additional 156,463 shares during the period.

iShares MSCI United Kingdom ETF Price Performance

EWU opened at $33.92 on Tuesday. The company has a market capitalization of $2.64 billion, a P/E ratio of 12.50 and a beta of 0.68. The firm’s fifty day moving average price is $33.41 and its two-hundred day moving average price is $32.59. iShares MSCI United Kingdom ETF has a fifty-two week low of $30.14 and a fifty-two week high of $34.53.

iShares MSCI United Kingdom ETF 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.