Vertex Investment Solutions Co. Ltd. Cuts Stake in iShares MSCI United Kingdom ETF $EWU

Vertex Investment Solutions Co. Ltd. cut its holdings in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 58.9% during the first quarter, HoldingsChannel.com reports. The firm owned 9,200 shares of the company’s stock after selling 13,200 shares during the period. iShares MSCI United Kingdom ETF accounts for 0.5% of Vertex Investment Solutions Co. Ltd.’s portfolio, making the stock its 22nd biggest position. Vertex Investment Solutions Co. Ltd.’s holdings in iShares MSCI United Kingdom ETF were worth $409,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EWU. NewEdge Advisors LLC boosted its position in shares of iShares MSCI United Kingdom ETF by 326.2% in the 2nd quarter. NewEdge Advisors LLC now owns 31,707 shares of the company’s stock worth $1,259,000 after purchasing an additional 24,268 shares in the last quarter. Quantinno Capital Management LP grew its stake in iShares MSCI United Kingdom ETF by 7.8% during the 2nd quarter. Quantinno Capital Management LP now owns 29,273 shares of the company’s stock worth $1,163,000 after buying an additional 2,113 shares during the last quarter. Raymond James Financial Inc. increased its position in iShares MSCI United Kingdom ETF by 13.6% during the 2nd quarter. Raymond James Financial Inc. now owns 43,580 shares of the company’s stock valued at $1,731,000 after buying an additional 5,227 shares in the last quarter. Bank of America Corp DE increased its position in iShares MSCI United Kingdom ETF by 23.1% during the 2nd quarter. Bank of America Corp DE now owns 3,663,638 shares of the company’s stock valued at $145,520,000 after buying an additional 686,519 shares in the last quarter. Finally, MML Investors Services LLC increased its position in iShares MSCI United Kingdom ETF by 25.8% during the 2nd quarter. MML Investors Services LLC now owns 61,685 shares of the company’s stock valued at $2,450,000 after buying an additional 12,656 shares in the last quarter. Hedge funds and other institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Stock Performance

iShares MSCI United Kingdom ETF stock opened at $46.49 on Thursday. The stock has a market cap of $3.85 billion, a PE ratio of 15.42 and a beta of 0.59. The stock has a 50-day moving average of $46.52 and a two-hundred day moving average of $46.24. iShares MSCI United Kingdom ETF has a one year low of $39.54 and a one year 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.