Cresset Asset Management LLC Grows Holdings in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Cresset Asset Management LLC raised its position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 30.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 16,019 shares of the company’s stock after buying an additional 3,738 shares during the period. Cresset Asset Management LLC’s holdings in iShares MSCI United Kingdom ETF were worth $543,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EWU. Pictet North America Advisors SA lifted its holdings in iShares MSCI United Kingdom ETF by 288.4% in the 4th quarter. Pictet North America Advisors SA now owns 326,221 shares of the company’s stock valued at $11,059,000 after purchasing an additional 242,240 shares in the last quarter. Optiver Holding B.V. purchased a new position in iShares MSCI United Kingdom ETF in the 4th quarter valued at about $7,102,000. OLD Mission Capital LLC purchased a new position in shares of iShares MSCI United Kingdom ETF during the 4th quarter worth about $6,912,000. Ameriprise Financial Inc. lifted its holdings in shares of iShares MSCI United Kingdom ETF by 49.3% during the 4th quarter. Ameriprise Financial Inc. now owns 612,918 shares of the company’s stock worth $20,775,000 after acquiring an additional 202,384 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of iShares MSCI United Kingdom ETF during the 4th quarter worth about $6,541,000.

iShares MSCI United Kingdom ETF Price Performance

Shares of EWU stock opened at $38.25 on Thursday. The firm has a market cap of $3.22 billion, a P/E ratio of 18.07 and a beta of 0.70. iShares MSCI United Kingdom ETF has a 1-year low of $32.76 and a 1-year high of $38.80. The firm’s 50-day simple moving average is $37.14 and its 200-day simple moving average is $35.98.

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.