SVB Wealth LLC Decreases Stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

SVB Wealth LLC trimmed its position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 69.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 33,286 shares of the company’s stock after selling 75,755 shares during the quarter. SVB Wealth LLC’s holdings in iShares MSCI United Kingdom ETF were worth $1,100,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brown Advisory Inc. grew its holdings in iShares MSCI United Kingdom ETF by 0.6% during the 3rd quarter. Brown Advisory Inc. now owns 74,206 shares of the company’s stock worth $2,348,000 after acquiring an additional 430 shares in the last quarter. TBH Global Asset Management LLC increased its holdings in iShares MSCI United Kingdom ETF by 0.6% in the third quarter. TBH Global Asset Management LLC now owns 74,384 shares of the company’s stock valued at $2,354,000 after buying an additional 456 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in iShares MSCI United Kingdom ETF by 91.9% in the first quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company’s stock valued at $31,000 after buying an additional 465 shares during the last quarter. Valeo Financial Advisors LLC raised its stake in iShares MSCI United Kingdom ETF by 5.4% in the third quarter. Valeo Financial Advisors LLC now owns 9,187 shares of the company’s stock valued at $291,000 after buying an additional 469 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in iShares MSCI United Kingdom ETF by 3.3% during the 1st quarter. Stifel Financial Corp now owns 15,562 shares of the company’s stock worth $502,000 after buying an additional 501 shares during the last quarter.

iShares MSCI United Kingdom ETF Stock Performance

EWU opened at $33.33 on Friday. iShares MSCI United Kingdom ETF has a one year low of $30.14 and a one year high of $34.53. The company has a market cap of $2.60 billion, a P/E ratio of 12.50 and a beta of 0.68. The business’s 50-day simple moving average is $33.35 and its 200-day simple moving average is $32.53.

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.