NewEdge Advisors LLC Sells 41,120 Shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

NewEdge Advisors LLC cut its holdings in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 77.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,771 shares of the company’s stock after selling 41,120 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI United Kingdom ETF were worth $399,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Barclays PLC boosted its stake in shares of iShares MSCI United Kingdom ETF by 24.2% during the fourth quarter. Barclays PLC now owns 142,302 shares of the company’s stock valued at $4,824,000 after purchasing an additional 27,725 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of iShares MSCI United Kingdom ETF by 0.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 110,355 shares of the company’s stock valued at $3,741,000 after purchasing an additional 1,019 shares in the last quarter. Bessemer Group Inc. bought a new position in shares of iShares MSCI United Kingdom ETF during the fourth quarter valued at approximately $25,000. Dai ichi Life Holdings Inc. boosted its stake in shares of iShares MSCI United Kingdom ETF by 2.4% during the fourth quarter. Dai ichi Life Holdings Inc. now owns 29,400 shares of the company’s stock valued at $998,000 after purchasing an additional 700 shares in the last quarter. Finally, DRW Securities LLC bought a new position in shares of iShares MSCI United Kingdom ETF during the fourth quarter valued at approximately $2,045,000.

iShares MSCI United Kingdom ETF Stock Performance

NYSEARCA EWU opened at $38.35 on Wednesday. The firm’s 50 day moving average price is $36.87 and its 200-day moving average price is $35.84. iShares MSCI United Kingdom ETF has a 52-week low of $32.76 and a 52-week high of $38.42. The company has a market cap of $3.23 billion, a PE ratio of 17.15 and a beta of 0.68.

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.