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

Envestnet Asset Management Inc. lifted its holdings in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 7.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 500,355 shares of the company’s stock after purchasing an additional 32,652 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares MSCI United Kingdom ETF were worth $21,000,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Flow Traders U.S. LLC grew its position in iShares MSCI United Kingdom ETF by 74.4% in the 2nd quarter. Flow Traders U.S. LLC now owns 3,167,448 shares of the company’s stock valued at $125,811,000 after acquiring an additional 1,351,538 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of iShares MSCI United Kingdom ETF by 23.1% during the second quarter. Bank of America Corp DE now owns 3,663,638 shares of the company’s stock valued at $145,520,000 after purchasing an additional 686,519 shares during the period. Kingsview Wealth Management LLC purchased a new stake in shares of iShares MSCI United Kingdom ETF during the second quarter valued at $4,956,000. Lido Advisors LLC bought a new position in shares of iShares MSCI United Kingdom ETF in the second quarter worth about $3,966,000. Finally, Stratos Wealth Advisors LLC increased its stake in iShares MSCI United Kingdom ETF by 57.1% in the 2nd quarter. Stratos Wealth Advisors LLC now owns 170,851 shares of the company’s stock worth $6,786,000 after buying an additional 62,066 shares during the period. 58.38% of the stock is owned by institutional investors.

iShares MSCI United Kingdom ETF Price Performance

iShares MSCI United Kingdom ETF stock opened at $47.25 on Friday. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71. iShares MSCI United Kingdom ETF has a 1 year low of $32.76 and a 1 year high of $47.52. The firm has a 50-day moving average of $44.96 and a two-hundred day moving average of $42.99.

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.