HighTower Advisors LLC Increases Position in iShares MSCI United Kingdom ETF $EWU

HighTower Advisors LLC increased its holdings in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 4.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 292,841 shares of the company’s stock after acquiring an additional 12,358 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI United Kingdom ETF were worth $12,290,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Farther Finance Advisors LLC purchased a new position in iShares MSCI United Kingdom ETF in the third quarter worth $46,000. Jones Financial Companies Lllp increased its position in shares of iShares MSCI United Kingdom ETF by 24.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,300 shares of the company’s stock valued at $54,000 after purchasing an additional 255 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of iShares MSCI United Kingdom ETF during the 2nd quarter worth $73,000. Riggs Asset Managment Co. Inc. bought a new stake in shares of iShares MSCI United Kingdom ETF during the 2nd quarter worth $124,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of iShares MSCI United Kingdom ETF in the 2nd quarter worth about $137,000. 58.38% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Stock Performance

NYSEARCA EWU opened at $48.04 on Friday. iShares MSCI United Kingdom ETF has a 52-week low of $32.76 and a 52-week high of $48.16. The company has a 50-day simple moving average of $45.40 and a 200 day simple moving average of $43.26. The company has a market capitalization of $3.11 billion, a PE ratio of 15.42 and a beta of 0.71.

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.