Envestnet Asset Management Inc. Raises Position in iShares MSCI United Kingdom ETF $EWU

Envestnet Asset Management Inc. lifted its position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 7.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 500,355 shares of the company’s stock after buying an additional 32,652 shares during the period. Envestnet Asset Management Inc. owned about 0.79% of iShares MSCI United Kingdom ETF worth $21,000,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in iShares MSCI United Kingdom ETF in the 3rd quarter valued at approximately $46,000. Jones Financial Companies Lllp raised its stake in shares of iShares MSCI United Kingdom ETF by 24.4% in the third quarter. Jones Financial Companies Lllp now owns 1,300 shares of the company’s stock worth $54,000 after purchasing an additional 255 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of iShares MSCI United Kingdom ETF during the second quarter valued at $73,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares MSCI United Kingdom ETF during the second quarter valued at $124,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of iShares MSCI United Kingdom ETF during the second quarter valued at $137,000. Institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Stock Performance

EWU opened at $47.25 on Friday. The company’s 50-day simple moving average is $44.96 and its two-hundred day simple moving average is $42.99. The stock has a market capitalization of $3.06 billion, a P/E ratio of 15.42 and a beta of 0.71. iShares MSCI United Kingdom ETF has a 52-week low of $32.76 and a 52-week high of $47.52.

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.