International Assets Investment Management LLC Invests $204,000 in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

International Assets Investment Management LLC acquired a new stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 6,742 shares of the company’s stock, valued at approximately $204,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC raised its position in iShares MSCI United Kingdom ETF by 11.4% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 8,790 shares of the company’s stock worth $278,000 after acquiring an additional 902 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in shares of iShares MSCI United Kingdom ETF by 5.4% in the third quarter. Valeo Financial Advisors LLC now owns 9,187 shares of the company’s stock worth $291,000 after purchasing an additional 469 shares during the last quarter. LFA Lugano Financial Advisors SA lifted its stake in shares of iShares MSCI United Kingdom ETF by 15.7% in the third quarter. LFA Lugano Financial Advisors SA now owns 10,837 shares of the company’s stock worth $343,000 after acquiring an additional 1,474 shares during the period. Compagnie Lombard Odier SCmA increased its position in shares of iShares MSCI United Kingdom ETF by 10.9% during the third quarter. Compagnie Lombard Odier SCmA now owns 10,469 shares of the company’s stock worth $331,000 after buying an additional 1,032 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of iShares MSCI United Kingdom ETF by 79.6% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 46,845 shares of the company’s stock valued at $1,482,000 after purchasing an additional 20,767 shares in the last quarter.

iShares MSCI United Kingdom ETF Stock Up 0.8 %

Shares of NYSEARCA:EWU opened at $34.83 on Monday. iShares MSCI United Kingdom ETF has a twelve month low of $30.14 and a twelve month high of $34.86. The firm has a market capitalization of $2.71 billion, a price-to-earnings ratio of 12.50 and a beta of 0.68. The stock’s 50 day moving average is $33.59 and its 200-day moving average is $32.67.

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.