iShares MSCI United Kingdom ETF $EWU Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC trimmed its position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 4.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,244,411 shares of the company’s stock after selling 60,105 shares during the period. Fisher Asset Management LLC owned approximately 1.72% of iShares MSCI United Kingdom ETF worth $49,428,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Founders Financial Alliance LLC purchased a new stake in shares of iShares MSCI United Kingdom ETF in the 1st quarter valued at $50,000. Simplex Trading LLC purchased a new stake in iShares MSCI United Kingdom ETF during the first quarter worth about $125,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in iShares MSCI United Kingdom ETF during the second quarter worth about $137,000. Bank of Montreal Can lifted its position in shares of iShares MSCI United Kingdom ETF by 13.5% during the second quarter. Bank of Montreal Can now owns 3,600 shares of the company’s stock worth $143,000 after purchasing an additional 428 shares in the last quarter. Finally, Everstar Asset Management LLC purchased a new position in shares of iShares MSCI United Kingdom ETF in the first quarter valued at approximately $173,000. 58.38% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Stock Performance

Shares of EWU stock opened at $43.01 on Wednesday. iShares MSCI United Kingdom ETF has a fifty-two week low of $32.76 and a fifty-two week high of $43.72. The company has a 50 day moving average price of $42.42 and a 200 day moving average price of $41.18. The stock has a market capitalization of $2.74 billion, a P/E ratio of 15.42 and a beta of 0.71.

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.