Fiduciary Financial Group LLC Makes New $226,000 Investment in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Fiduciary Financial Group LLC bought a new position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,314 shares of the company’s stock, valued at approximately $226,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Orion Capital Management LLC purchased a new position in shares of iShares MSCI United Kingdom ETF during the 4th quarter worth approximately $26,000. Lynx Investment Advisory purchased a new stake in iShares MSCI United Kingdom ETF during the 2nd quarter valued at $30,000. Wetzel Investment Advisors Inc. purchased a new stake in iShares MSCI United Kingdom ETF during the 4th quarter valued at $79,000. CWM LLC boosted its stake in iShares MSCI United Kingdom ETF by 1,442.3% during the 4th quarter. CWM LLC now owns 2,406 shares of the company’s stock valued at $80,000 after purchasing an additional 2,250 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its stake in iShares MSCI United Kingdom ETF by 344.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,721 shares of the company’s stock valued at $162,000 after purchasing an additional 3,659 shares during the last quarter.

iShares MSCI United Kingdom ETF Trading Up 0.1 %

EWU traded up $0.04 during trading on Friday, hitting $36.50. 723,498 shares of the company’s stock traded hands, compared to its average volume of 1,601,748. The company’s 50 day simple moving average is $35.42 and its two-hundred day simple moving average is $34.59. iShares MSCI United Kingdom ETF has a 12-month low of $30.14 and a 12-month high of $36.76. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 12.86 and a beta of 0.68.

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.