iShares MSCI United Kingdom ETF $EWU Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 142.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 29,116 shares of the company’s stock after acquiring an additional 17,096 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI United Kingdom ETF were worth $1,281,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC acquired a new position in iShares MSCI United Kingdom ETF during the third quarter worth about $46,000. Jones Financial Companies Lllp grew its holdings in 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 worth $54,000 after acquiring an additional 255 shares during the period. Russell Investments Group Ltd. grew its holdings in 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 worth $59,000 after acquiring an additional 310 shares during the period. Headlands Technologies LLC acquired a new position in iShares MSCI United Kingdom ETF during the second quarter worth about $73,000. Finally, IFP Advisors Inc acquired a new position in iShares MSCI United Kingdom ETF during the third quarter worth about $78,000. 58.38% of the stock is owned by institutional investors and hedge funds.

iShares MSCI United Kingdom ETF Stock Down 0.7%

NYSEARCA:EWU opened at $46.80 on Friday. The business’s 50-day moving average price is $46.69 and its 200 day moving average price is $44.80. The firm has a market cap of $3.45 billion, a P/E ratio of 15.42 and a beta of 0.63. iShares MSCI United Kingdom ETF has a 52-week low of $37.49 and a 52-week high of $48.92.

iShares MSCI United Kingdom ETF 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.