iShares MSCI United Kingdom ETF (NYSEARCA:EWU) Hits New 52-Week High at $35.12

iShares MSCI United Kingdom ETF (NYSEARCA:EWU)’s share price reached a new 52-week high on Thursday . The company traded as high as $35.12 and last traded at $35.09, with a volume of 810143 shares traded. The stock had previously closed at $34.59.

iShares MSCI United Kingdom ETF Stock Performance

The firm has a fifty day moving average price of $33.81 and a 200 day moving average price of $32.76. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 12.86 and a beta of 0.68.

Hedge Funds Weigh In On iShares MSCI United Kingdom ETF

Hedge funds have recently bought and sold shares of the stock. Orion Capital Management LLC purchased a new stake in shares of iShares MSCI United Kingdom ETF during the 4th quarter valued at about $26,000. Advisors Preferred LLC acquired a new stake in iShares MSCI United Kingdom ETF during the 4th quarter valued at $44,000. Whittier Trust Co. increased its stake in iShares MSCI United Kingdom ETF by 131.9% during the 4th quarter. Whittier Trust Co. now owns 1,758 shares of the company’s stock worth $58,000 after buying an additional 1,000 shares during the period. Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares MSCI United Kingdom ETF during the fourth quarter valued at about $79,000. Finally, CWM LLC grew its stake in shares of iShares MSCI United Kingdom ETF by 1,442.3% during the fourth quarter. CWM LLC now owns 2,406 shares of the company’s stock valued at $80,000 after acquiring an additional 2,250 shares in the last quarter.

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.