iShares MSCI United Kingdom ETF (NYSEARCA:EWU) Reaches New 1-Year Low – Should You Sell?

iShares MSCI United Kingdom ETF (NYSEARCA:EWU) shares hit a new 52-week low during trading on Monday . The stock traded as low as $32.99 and last traded at $33.16, with a volume of 1445446 shares changing hands. The stock had previously closed at $34.62.

iShares MSCI United Kingdom ETF Trading Up 5.8 %

The stock has a 50-day moving average price of $36.67 and a two-hundred day moving average price of $35.85. The stock has a market cap of $3.03 billion, a price-to-earnings ratio of 17.91 and a beta of 0.67.

Institutional Trading of iShares MSCI United Kingdom ETF

A number of institutional investors have recently bought and sold shares of EWU. FMR LLC increased its holdings in shares of iShares MSCI United Kingdom ETF by 16.8% in the third quarter. FMR LLC now owns 4,195 shares of the company’s stock valued at $157,000 after purchasing an additional 602 shares during the period. Quantinno Capital Management LP increased its holdings in iShares MSCI United Kingdom ETF by 26.5% in the 3rd quarter. Quantinno Capital Management LP now owns 15,974 shares of the company’s stock worth $598,000 after buying an additional 3,346 shares during the period. Stifel Financial Corp raised its position in iShares MSCI United Kingdom ETF by 101.9% during the 3rd quarter. Stifel Financial Corp now owns 26,049 shares of the company’s stock worth $974,000 after buying an additional 13,145 shares during the last quarter. MML Investors Services LLC raised its position in iShares MSCI United Kingdom ETF by 1.4% during the 3rd quarter. MML Investors Services LLC now owns 86,611 shares of the company’s stock worth $3,240,000 after buying an additional 1,155 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its stake in iShares MSCI United Kingdom ETF by 68.9% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 11,572 shares of the company’s stock valued at $433,000 after acquiring an additional 4,719 shares during the period.

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.