Robertson Stephens Wealth Management LLC Lowers Stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Robertson Stephens Wealth Management LLC lowered its holdings in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 33.8% during the 4th quarter, HoldingsChannel reports. The fund owned 55,571 shares of the company’s stock after selling 28,408 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares MSCI United Kingdom ETF were worth $1,837,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EWU. Compagnie Lombard Odier SCmA boosted its position in shares of iShares MSCI United Kingdom ETF by 60.8% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 16,829 shares of the company’s stock worth $556,000 after purchasing an additional 6,360 shares in the last quarter. TBH Global Asset Management LLC raised its stake in iShares MSCI United Kingdom ETF by 0.6% during the third quarter. TBH Global Asset Management LLC now owns 74,384 shares of the company’s stock valued at $2,354,000 after buying an additional 456 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in iShares MSCI United Kingdom ETF by 66.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 370,035 shares of the company’s stock worth $12,230,000 after acquiring an additional 147,750 shares in the last quarter. Comerica Bank purchased a new stake in shares of iShares MSCI United Kingdom ETF in the third quarter worth $5,181,000. Finally, PGIM Custom Harvest LLC increased its holdings in shares of iShares MSCI United Kingdom ETF by 29.3% during the third quarter. PGIM Custom Harvest LLC now owns 142,256 shares of the company’s stock valued at $4,501,000 after acquiring an additional 32,263 shares in the last quarter.

iShares MSCI United Kingdom ETF Price Performance

EWU stock traded up $0.30 during trading on Thursday, hitting $34.89. 261,674 shares of the stock traded hands, compared to its average volume of 2,057,113. The stock has a market cap of $2.72 billion, a price-to-earnings ratio of 12.86 and a beta of 0.68. iShares MSCI United Kingdom ETF has a 1 year low of $30.14 and a 1 year high of $35.03. The firm’s 50 day moving average is $33.72 and its two-hundred day moving average is $32.72.

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.