Dynamic Wealth Strategies LLC Raises Stock Position in iShares MSCI United Kingdom ETF $EWU

Dynamic Wealth Strategies LLC grew its position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 121.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,453 shares of the company’s stock after buying an additional 37,578 shares during the period. iShares MSCI United Kingdom ETF accounts for approximately 2.0% of Dynamic Wealth Strategies LLC’s investment portfolio, making the stock its 14th largest position. Dynamic Wealth Strategies LLC owned 0.09% of iShares MSCI United Kingdom ETF worth $2,719,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. New Vernon Capital Holdings II LLC lifted its holdings in iShares MSCI United Kingdom ETF by 6,770.7% in the first quarter. New Vernon Capital Holdings II LLC now owns 1,723,320 shares of the company’s stock valued at $64,573,000 after acquiring an additional 1,698,238 shares during the last quarter. Jane Street Group LLC raised its position in iShares MSCI United Kingdom ETF by 62.2% in the first quarter. Jane Street Group LLC now owns 1,597,495 shares of the company’s stock valued at $59,858,000 after purchasing an additional 612,672 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of iShares MSCI United Kingdom ETF by 6.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,775,328 shares of the company’s stock valued at $328,812,000 after purchasing an additional 513,125 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new position in shares of iShares MSCI United Kingdom ETF in the 1st quarter valued at $15,279,000. Finally, Polianta Ltd purchased a new position in shares of iShares MSCI United Kingdom ETF during the 2nd quarter worth $13,437,000. Institutional investors and hedge funds own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Trading Up 1.0%

Shares of NYSEARCA:EWU opened at $43.46 on Thursday. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71. iShares MSCI United Kingdom ETF has a 12-month low of $32.76 and a 12-month high of $43.72. The business has a 50-day moving average price of $42.47 and a 200 day moving average price of $41.19.

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.