Cresset Asset Management LLC Trims Stock Holdings in iShares MSCI United Kingdom ETF $EWU

Cresset Asset Management LLC lowered its holdings in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 25.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,019 shares of the company’s stock after selling 4,000 shares during the period. Cresset Asset Management LLC’s holdings in iShares MSCI United Kingdom ETF were worth $450,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Millennium Management LLC boosted its holdings in iShares MSCI United Kingdom ETF by 36.4% in the fourth quarter. Millennium Management LLC now owns 33,046 shares of the company’s stock valued at $1,120,000 after purchasing an additional 8,824 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares MSCI United Kingdom ETF during the 4th quarter worth approximately $1,356,000. Ameriprise Financial Inc. grew its position in shares of iShares MSCI United Kingdom ETF by 49.3% in the 4th quarter. Ameriprise Financial Inc. now owns 612,918 shares of the company’s stock worth $20,775,000 after acquiring an additional 202,384 shares in the last quarter. Bank of America Corp DE grew its position in shares of iShares MSCI United Kingdom ETF by 4.0% in the 4th quarter. Bank of America Corp DE now owns 3,218,611 shares of the company’s stock worth $109,111,000 after acquiring an additional 125,241 shares in the last quarter. Finally, LFA Lugano Financial Advisors SA grew its position in shares of iShares MSCI United Kingdom ETF by 7.8% in the 1st quarter. LFA Lugano Financial Advisors SA now owns 13,769 shares of the company’s stock worth $516,000 after acquiring an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Trading Up 1.0%

Shares of EWU opened at $42.08 on Monday. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 15.42 and a beta of 0.83. The stock has a 50 day moving average of $40.19 and a 200-day moving average of $38.58. iShares MSCI United Kingdom ETF has a 52 week low of $32.76 and a 52 week high of $42.15.

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.