Innealta Capital LLC Takes $815,000 Position in iShares MSCI United Kingdom ETF $EWU

Innealta Capital LLC bought a new stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 17,889 shares of the company’s stock, valued at approximately $815,000.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in iShares MSCI United Kingdom ETF by 11.9% in the third quarter. Bank of America Corp DE now owns 4,100,915 shares of the company’s stock worth $172,115,000 after purchasing an additional 437,277 shares during the period. Wells Fargo & Company MN raised its holdings in shares of iShares MSCI United Kingdom ETF by 2.7% during the fourth quarter. Wells Fargo & Company MN now owns 2,977,789 shares of the company’s stock valued at $130,963,000 after purchasing an additional 78,566 shares during the period. Morgan Stanley raised its holdings in shares of iShares MSCI United Kingdom ETF by 11.2% during the fourth quarter. Morgan Stanley now owns 2,523,562 shares of the company’s stock valued at $110,986,000 after purchasing an additional 253,162 shares during the period. Royal Bank of Canada boosted its position in shares of iShares MSCI United Kingdom ETF by 476.5% during the 4th quarter. Royal Bank of Canada now owns 2,167,565 shares of the company’s stock worth $95,330,000 after purchasing an additional 1,791,609 shares in the last quarter. Finally, Catalyst Capital Advisors LLC boosted its position in shares of iShares MSCI United Kingdom ETF by 12.3% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,439,415 shares of the company’s stock worth $65,580,000 after purchasing an additional 157,908 shares in the last quarter. Institutional investors and hedge funds own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Price Performance

Shares of EWU opened at $46.60 on Monday. The stock has a 50-day moving average of $46.53 and a 200-day moving average of $46.28. The company has a market cap of $3.97 billion, a PE ratio of 15.42 and a beta of 0.59. iShares MSCI United Kingdom ETF has a one year low of $39.54 and a one year 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.