25,319 Shares in iShares MSCI United Kingdom ETF $EWU Purchased by Contravisory Investment Management Inc.

Contravisory Investment Management Inc. purchased a new stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 25,319 shares of the company’s stock, valued at approximately $1,178,000.

A number of other institutional investors also recently modified their holdings of EWU. Purpose Unlimited Inc. bought a new stake in shares of iShares MSCI United Kingdom ETF during the 4th quarter worth $25,000. Evelyn Partners Investment Management LLP grew its stake in iShares MSCI United Kingdom ETF by 216.7% in the 4th quarter. Evelyn Partners Investment Management LLP now owns 950 shares of the company’s stock valued at $42,000 after buying an additional 650 shares during the last quarter. Howe & Rusling Inc. bought a new position in iShares MSCI United Kingdom ETF in the 1st quarter worth $61,000. City Holding Co. bought a new position in iShares MSCI United Kingdom ETF in the 2nd quarter worth $92,000. Finally, Continuum Advisory LLC acquired a new position in iShares MSCI United Kingdom ETF during the 2nd quarter worth $106,000. Institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Trading Up 0.3%

iShares MSCI United Kingdom ETF stock traded up $0.12 on Tuesday, reaching $46.82. 701,016 shares of the stock were exchanged, compared to its average volume of 1,660,753. iShares MSCI United Kingdom ETF has a twelve month low of $41.33 and a twelve month high of $49.39. The firm has a fifty day moving average price of $47.81 and a two-hundred day moving average price of $47.09. The stock has a market cap of $3.70 billion, a PE ratio of 15.42 and a beta of 0.59.

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.