Fisher Asset Management LLC Sells 42,245 Shares of iShares MSCI United Kingdom ETF $EWU

Fisher Asset Management LLC reduced its holdings in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 3.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,202,166 shares of the company’s stock after selling 42,245 shares during the quarter. Fisher Asset Management LLC owned 1.89% of iShares MSCI United Kingdom ETF worth $50,455,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Assetmark Inc. increased its stake in iShares MSCI United Kingdom ETF by 191.3% in the second quarter. Assetmark Inc. now owns 8,047 shares of the company’s stock valued at $320,000 after acquiring an additional 5,285 shares during the last quarter. Arkadios Wealth Advisors bought a new stake in iShares MSCI United Kingdom ETF in the 2nd quarter worth approximately $295,000. Envestnet Asset Management Inc. lifted its position in iShares MSCI United Kingdom ETF by 4.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 467,703 shares of the company’s stock worth $18,577,000 after buying an additional 21,457 shares during the last quarter. Brown Advisory Inc. boosted its stake in iShares MSCI United Kingdom ETF by 29.8% in the second quarter. Brown Advisory Inc. now owns 109,740 shares of the company’s stock worth $4,359,000 after buying an additional 25,168 shares in the last quarter. Finally, Simplex Trading LLC grew its position in iShares MSCI United Kingdom ETF by 950.9% during the second quarter. Simplex Trading LLC now owns 35,269 shares of the company’s stock valued at $1,400,000 after acquiring an additional 31,913 shares during the last quarter. Hedge funds and other institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Stock Performance

EWU stock opened at $46.76 on Wednesday. The company has a market capitalization of $3.03 billion, a PE ratio of 15.42 and a beta of 0.71. iShares MSCI United Kingdom ETF has a one year low of $32.76 and a one year high of $48.92. The company’s 50 day moving average price is $46.05 and its two-hundred day moving average price is $43.65.

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.