Sharper & Granite LLC Decreases Stock Position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Sharper & Granite LLC decreased its stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 6.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 122,678 shares of the company’s stock after selling 8,560 shares during the period. iShares MSCI United Kingdom ETF accounts for approximately 1.8% of Sharper & Granite LLC’s portfolio, making the stock its 21st biggest position. Sharper & Granite LLC’s holdings in iShares MSCI United Kingdom ETF were worth $4,159,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of EWU. Commonwealth Equity Services LLC raised its holdings in iShares MSCI United Kingdom ETF by 95.9% in the second quarter. Commonwealth Equity Services LLC now owns 13,101 shares of the company’s stock valued at $457,000 after acquiring an additional 6,412 shares in the last quarter. Rathbones Group PLC raised its holdings in shares of iShares MSCI United Kingdom ETF by 5.3% in the 2nd quarter. Rathbones Group PLC now owns 241,605 shares of the company’s stock valued at $8,427,000 after purchasing an additional 12,055 shares in the last quarter. Hsbc Holdings PLC raised its holdings in shares of iShares MSCI United Kingdom ETF by 30.9% in the 2nd quarter. Hsbc Holdings PLC now owns 85,290 shares of the company’s stock valued at $2,975,000 after purchasing an additional 20,114 shares in the last quarter. Thrivent Financial for Lutherans purchased a new stake in shares of iShares MSCI United Kingdom ETF during the 2nd quarter worth $3,938,000. Finally, Marshall Wace LLP acquired a new position in shares of iShares MSCI United Kingdom ETF during the second quarter worth $6,806,000.

iShares MSCI United Kingdom ETF Price Performance

NYSEARCA:EWU opened at $33.39 on Tuesday. iShares MSCI United Kingdom ETF has a 12 month low of $31.51 and a 12 month high of $37.88. The firm has a market capitalization of $2.60 billion, a PE ratio of 12.86 and a beta of 0.68. The business’s fifty day moving average price is $34.81 and its 200 day moving average price is $35.80.

iShares MSCI United Kingdom ETF Company 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.