41,707 Shares in iShares MSCI United Kingdom ETF $EWU Purchased by Diversify Wealth Management LLC

Diversify Wealth Management LLC acquired a new position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the 1st quarter, HoldingsChannel reports. The firm acquired 41,707 shares of the company’s stock, valued at approximately $1,918,000.

A number of other hedge funds have also made changes to their positions in EWU. Purpose Unlimited Inc. purchased a new position in shares of iShares MSCI United Kingdom ETF in the fourth quarter valued at approximately $25,000. Evelyn Partners Investment Management LLP increased its position in shares of iShares MSCI United Kingdom ETF by 216.7% during the fourth quarter. Evelyn Partners Investment Management LLP now owns 950 shares of the company’s stock worth $42,000 after purchasing an additional 650 shares in the last quarter. Allworth Financial LP increased its position in shares of iShares MSCI United Kingdom ETF by 105.8% during the fourth quarter. Allworth Financial LP now owns 963 shares of the company’s stock worth $42,000 after purchasing an additional 495 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in shares of iShares MSCI United Kingdom ETF by 28.6% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,002 shares of the company’s stock worth $44,000 after purchasing an additional 223 shares in the last quarter. Finally, Colonial Trust Advisors acquired a new position in iShares MSCI United Kingdom ETF in the 4th quarter valued at $53,000. Institutional investors and hedge funds own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Stock Performance

Shares of EWU stock opened at $46.31 on Wednesday. The stock’s fifty day moving average is $46.51 and its two-hundred day moving average is $46.31. The firm has a market capitalization of $3.96 billion, a P/E ratio of 15.42 and a beta of 0.59. iShares MSCI United Kingdom ETF has a fifty-two week low of $39.54 and a fifty-two week high of $48.92.

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.