Waverly Advisors LLC Has $4.23 Million Stake in iShares MSCI United Kingdom ETF $EWU

Waverly Advisors LLC lifted its position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 13.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,744 shares of the company’s stock after purchasing an additional 11,174 shares during the period. Waverly Advisors LLC’s holdings in iShares MSCI United Kingdom ETF were worth $4,233,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new position in iShares MSCI United Kingdom ETF during the 4th quarter worth $635,000. Principal Securities Inc. boosted its position in shares of iShares MSCI United Kingdom ETF by 7.7% in the fourth quarter. Principal Securities Inc. now owns 491,983 shares of the company’s stock valued at $21,637,000 after acquiring an additional 35,138 shares during the period. Private Advisor Group LLC bought a new stake in shares of iShares MSCI United Kingdom ETF in the first quarter valued at about $968,000. Innealta Capital LLC bought a new stake in shares of iShares MSCI United Kingdom ETF in the first quarter valued at about $815,000. Finally, Vertex Investment Solutions Co. Ltd. acquired a new position in shares of iShares MSCI United Kingdom ETF in the fourth quarter valued at about $986,000. 58.38% of the stock is owned by institutional investors and hedge funds.

iShares MSCI United Kingdom ETF Stock Performance

NYSEARCA:EWU opened at $47.94 on Friday. iShares MSCI United Kingdom ETF has a 52 week low of $40.88 and a 52 week high of $49.39. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of 15.42 and a beta of 0.59. The firm’s 50-day simple moving average is $47.89 and its 200 day simple moving average is $47.01.

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.