Prostatis Group LLC Takes $3.09 Million Position in iShares MSCI United Kingdom ETF $EWU

Prostatis Group LLC bought a new stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 77,734 shares of the company’s stock, valued at approximately $3,088,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of EWU. Wayfinding Financial LLC purchased a new position in shares of iShares MSCI United Kingdom ETF in the first quarter valued at $34,000. Founders Financial Alliance LLC purchased a new position in shares of iShares MSCI United Kingdom ETF in the first quarter valued at $50,000. GPS Wealth Strategies Group LLC purchased a new position in shares of iShares MSCI United Kingdom ETF in the first quarter valued at $55,000. Arlington Trust Co LLC purchased a new position in shares of iShares MSCI United Kingdom ETF in the first quarter valued at $123,000. Finally, Simplex Trading LLC purchased a new position in shares of iShares MSCI United Kingdom ETF in the first quarter valued at $125,000. 58.38% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI United Kingdom ETF Stock Performance

EWU stock opened at $41.73 on Friday. The firm has a fifty day moving average price of $41.56 and a 200 day moving average price of $39.72. iShares MSCI United Kingdom ETF has a fifty-two week low of $32.76 and a fifty-two week high of $42.79. The firm has a market cap of $2.78 billion, a PE ratio of 15.42 and a beta of 0.83.

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.