Raymond James Financial Inc. Invests $1.36 Million in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Raymond James Financial Inc. bought a new position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 40,012 shares of the company’s stock, valued at approximately $1,356,000. Raymond James Financial Inc. owned approximately 0.05% of iShares MSCI United Kingdom ETF at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Renaissance Technologies LLC bought a new stake in iShares MSCI United Kingdom ETF during the 4th quarter worth about $3,356,000. Rathbones Group PLC lifted its position in shares of iShares MSCI United Kingdom ETF by 17.0% during the fourth quarter. Rathbones Group PLC now owns 287,477 shares of the company’s stock worth $9,745,000 after purchasing an additional 41,804 shares in the last quarter. Invesco Ltd. grew its stake in shares of iShares MSCI United Kingdom ETF by 1.9% during the fourth quarter. Invesco Ltd. now owns 22,347 shares of the company’s stock valued at $758,000 after purchasing an additional 414 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of iShares MSCI United Kingdom ETF by 34.0% in the fourth quarter. Bank of Montreal Can now owns 171,806 shares of the company’s stock valued at $5,824,000 after purchasing an additional 43,574 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in iShares MSCI United Kingdom ETF by 4.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 458,659 shares of the company’s stock worth $15,549,000 after purchasing an additional 19,073 shares during the last quarter.

iShares MSCI United Kingdom ETF Stock Performance

NYSEARCA:EWU opened at $38.60 on Friday. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 17.15 and a beta of 0.68. The stock’s fifty day moving average price is $36.97 and its two-hundred day moving average price is $35.87. iShares MSCI United Kingdom ETF has a 52-week low of $32.76 and a 52-week high of $38.67.

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.