Boltwood Capital Management Makes New Investment in iShares MSCI United Kingdom ETF $EWU

Boltwood Capital Management acquired a new position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 18,975 shares of the company’s stock, valued at approximately $883,000.

Several other hedge funds have also modified their holdings of EWU. Royal Bank of Canada grew its position in shares of iShares MSCI United Kingdom ETF by 117.2% during the 1st quarter. Royal Bank of Canada now owns 4,707,428 shares of the company’s stock valued at $214,472,000 after acquiring an additional 2,539,863 shares during the period. Lido Advisors LLC boosted its position in iShares MSCI United Kingdom ETF by 157.2% during the first quarter. Lido Advisors LLC now owns 661,451 shares of the company’s stock worth $30,136,000 after purchasing an additional 404,254 shares in the last quarter. Catalyst Capital Advisors LLC boosted its position in iShares MSCI United Kingdom ETF by 12.3% during the first quarter. Catalyst Capital Advisors LLC now owns 1,439,415 shares of the company’s stock worth $65,580,000 after purchasing an additional 157,908 shares in the last quarter. Cetera Investment Advisers grew its holdings in iShares MSCI United Kingdom ETF by 204.4% in the first quarter. Cetera Investment Advisers now owns 98,167 shares of the company’s stock valued at $4,472,000 after purchasing an additional 65,921 shares during the period. Finally, Rathbones Group PLC grew its holdings in iShares MSCI United Kingdom ETF by 13.7% in the first quarter. Rathbones Group PLC now owns 398,087 shares of the company’s stock valued at $18,137,000 after purchasing an additional 48,083 shares during the period. 58.38% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Stock Up 0.6%

Shares of iShares MSCI United Kingdom ETF stock traded up $0.29 on Friday, reaching $46.18. The company’s stock had a trading volume of 2,038,270 shares, compared to its average volume of 1,689,028. The company has a market capitalization of $3.65 billion, a P/E ratio of 15.42 and a beta of 0.59. The stock has a 50-day moving average price of $48.04 and a 200-day moving average price of $47.03. iShares MSCI United Kingdom ETF has a 52-week low of $41.33 and a 52-week high of $49.39.

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.