Miracle Mile Advisors LLC Takes $214,000 Position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Miracle Mile Advisors LLC bought a new position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 5,704 shares of the company’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Pictet North America Advisors SA grew its stake in shares of iShares MSCI United Kingdom ETF by 288.4% in the fourth quarter. Pictet North America Advisors SA now owns 326,221 shares of the company’s stock valued at $11,059,000 after buying an additional 242,240 shares in the last quarter. Optiver Holding B.V. purchased a new position in iShares MSCI United Kingdom ETF in the 4th quarter worth approximately $7,102,000. OLD Mission Capital LLC purchased a new position in iShares MSCI United Kingdom ETF in the 4th quarter worth approximately $6,912,000. Ameriprise Financial Inc. grew its position in iShares MSCI United Kingdom ETF by 49.3% in the fourth quarter. Ameriprise Financial Inc. now owns 612,918 shares of the company’s stock valued at $20,775,000 after acquiring an additional 202,384 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of iShares MSCI United Kingdom ETF during the fourth quarter valued at approximately $6,541,000.

iShares MSCI United Kingdom ETF Trading Up 0.2%

NYSEARCA EWU opened at $40.41 on Thursday. The stock has a market cap of $3.10 billion, a P/E ratio of 18.07 and a beta of 0.70. The company’s fifty day simple moving average is $38.12 and its 200-day simple moving average is $36.60. iShares MSCI United Kingdom ETF has a 52 week low of $32.76 and a 52 week high of $40.53.

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.