Arizona PSPRS Trust Makes New Investment in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Arizona PSPRS Trust purchased a new position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 127,900 shares of the company’s stock, valued at approximately $4,785,000. iShares MSCI United Kingdom ETF comprises approximately 0.2% of Arizona PSPRS Trust’s portfolio, making the stock its 10th biggest position.

Other institutional investors also recently made changes to their positions in the company. Millburn Ridgefield Corp grew its holdings in iShares MSCI United Kingdom ETF by 8.0% in the 3rd quarter. Millburn Ridgefield Corp now owns 1,677,481 shares of the company’s stock worth $62,755,000 after acquiring an additional 124,428 shares during the last quarter. GHP Investment Advisors Inc. grew its stake in shares of iShares MSCI United Kingdom ETF by 5.3% in the second quarter. GHP Investment Advisors Inc. now owns 622,317 shares of the company’s stock worth $21,706,000 after purchasing an additional 31,383 shares during the last quarter. Bricktown Capital LLC purchased a new position in iShares MSCI United Kingdom ETF during the 2nd quarter valued at about $17,776,000. Principal Securities Inc. raised its position in iShares MSCI United Kingdom ETF by 5.2% during the 3rd quarter. Principal Securities Inc. now owns 399,740 shares of the company’s stock valued at $14,954,000 after purchasing an additional 19,877 shares during the last quarter. Finally, Citigroup Inc. boosted its holdings in iShares MSCI United Kingdom ETF by 237.3% in the third quarter. Citigroup Inc. now owns 325,848 shares of the company’s stock valued at $12,190,000 after acquiring an additional 229,244 shares in the last quarter.

iShares MSCI United Kingdom ETF Stock Performance

EWU stock opened at $35.80 on Monday. iShares MSCI United Kingdom ETF has a fifty-two week low of $31.51 and a fifty-two week high of $37.88. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 12.86 and a beta of 0.68. The business’s 50 day moving average price is $36.13 and its two-hundred day moving average price is $36.06.

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.