iShares MSCI United Kingdom ETF (NYSEARCA:EWU) Position Boosted by Mount Lucas Management LP

Mount Lucas Management LP boosted its position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 114.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,123 shares of the company’s stock after buying an additional 11,255 shares during the quarter. Mount Lucas Management LP’s holdings in iShares MSCI United Kingdom ETF were worth $791,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI United Kingdom ETF in the 4th quarter worth approximately $1,356,000. Whittier Trust Co. lifted its stake in iShares MSCI United Kingdom ETF by 36.5% during the fourth quarter. Whittier Trust Co. now owns 2,500 shares of the company’s stock worth $85,000 after purchasing an additional 668 shares during the last quarter. LPL Financial LLC lifted its stake in iShares MSCI United Kingdom ETF by 65.2% during the fourth quarter. LPL Financial LLC now owns 214,095 shares of the company’s stock worth $7,258,000 after purchasing an additional 84,536 shares during the last quarter. National Bank of Canada FI acquired a new position in iShares MSCI United Kingdom ETF in the fourth quarter worth $5,214,000. Finally, OLD Mission Capital LLC bought a new stake in iShares MSCI United Kingdom ETF during the fourth quarter valued at $6,912,000. 58.38% of the stock is owned by institutional investors.

iShares MSCI United Kingdom ETF Stock Performance

Shares of NYSEARCA:EWU opened at $40.43 on Wednesday. The company’s fifty day moving average is $39.68 and its two-hundred day moving average is $37.53. iShares MSCI United Kingdom ETF has a 1-year low of $32.76 and a 1-year high of $40.78. The stock has a market capitalization of $3.02 billion, a price-to-earnings 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.