BlueStem Wealth Partners LLC Makes New Investment in iShares MSCI United Kingdom ETF $EWU

BlueStem Wealth Partners LLC purchased a new position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 81,130 shares of the company’s stock, valued at approximately $3,568,000.

Other hedge funds have also modified their holdings of the company. Allworth Financial LP boosted its position in shares of iShares MSCI United Kingdom ETF by 105.8% in the fourth quarter. Allworth Financial LP now owns 963 shares of the company’s stock worth $42,000 after acquiring an additional 495 shares during the last quarter. TD Waterhouse Canada Inc. raised its holdings in iShares MSCI United Kingdom ETF by 28.6% in the fourth quarter. TD Waterhouse Canada Inc. now owns 1,002 shares of the company’s stock valued at $44,000 after buying an additional 223 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of iShares MSCI United Kingdom ETF by 201.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,206 shares of the company’s stock valued at $53,000 after purchasing an additional 806 shares during the period. Jones Financial Companies Lllp raised its stake in shares of iShares MSCI United Kingdom ETF by 24.4% during the third quarter. Jones Financial Companies Lllp now owns 1,300 shares of the company’s stock valued at $54,000 after purchasing an additional 255 shares during the period. Finally, Russell Investments Group Ltd. raised its stake in shares of iShares MSCI United Kingdom ETF by 28.4% during the third quarter. Russell Investments Group Ltd. now owns 1,400 shares of the company’s stock valued at $59,000 after purchasing an additional 310 shares during the period. 58.38% of the stock is owned by institutional investors and hedge funds.

iShares MSCI United Kingdom ETF Trading Down 0.7%

Shares of NYSEARCA:EWU opened at $46.29 on Wednesday. The company has a fifty day simple moving average of $46.36 and a 200 day simple moving average of $45.31. The firm has a market cap of $3.41 billion, a PE ratio of 15.42 and a beta of 0.60. iShares MSCI United Kingdom ETF has a 12-month low of $38.74 and a 12-month high of $48.92.

iShares MSCI United Kingdom ETF Company Profile

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.