Arkadios Wealth Advisors Invests $295,000 in iShares MSCI United Kingdom ETF $EWU

Arkadios Wealth Advisors purchased a new position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 7,419 shares of the company’s stock, valued at approximately $295,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EWU. Founders Financial Alliance LLC purchased a new position in iShares MSCI United Kingdom ETF in the 1st quarter worth approximately $50,000. Simplex Trading LLC acquired a new stake in shares of iShares MSCI United Kingdom ETF during the 1st quarter valued at approximately $125,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of iShares MSCI United Kingdom ETF during the 2nd quarter valued at approximately $137,000. Everstar Asset Management LLC acquired a new stake in iShares MSCI United Kingdom ETF in the first quarter worth $173,000. Finally, Lunt Capital Management Inc. acquired a new stake in iShares MSCI United Kingdom ETF in the second quarter worth $202,000. Hedge funds and other institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Stock Performance

NYSEARCA:EWU opened at $42.61 on Thursday. iShares MSCI United Kingdom ETF has a 1 year low of $32.76 and a 1 year high of $43.13. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71. The business has a fifty day moving average of $42.01 and a 200-day moving average of $40.56.

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.