SVB Wealth LLC Invests $2.80 Million in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

SVB Wealth LLC acquired a new position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 82,470 shares of the company’s stock, valued at approximately $2,796,000. SVB Wealth LLC owned approximately 0.11% of iShares MSCI United Kingdom ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EWU. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of iShares MSCI United Kingdom ETF in the 4th quarter worth about $39,000. FMR LLC boosted its holdings in shares of iShares MSCI United Kingdom ETF by 16.8% in the 3rd quarter. FMR LLC now owns 4,195 shares of the company’s stock worth $157,000 after purchasing an additional 602 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares MSCI United Kingdom ETF in the 3rd quarter worth about $201,000. Finley Financial LLC purchased a new position in shares of iShares MSCI United Kingdom ETF in the 4th quarter worth about $210,000. Finally, Oppenheimer & Co. Inc. purchased a new position in shares of iShares MSCI United Kingdom ETF in the 3rd quarter worth about $212,000.

iShares MSCI United Kingdom ETF Price Performance

Shares of EWU stock opened at $37.04 on Friday. The stock has a market capitalization of $3.27 billion, a PE ratio of 17.54 and a beta of 0.82. iShares MSCI United Kingdom ETF has a 1-year low of $32.56 and a 1-year high of $37.88. The business has a 50-day moving average of $35.17 and a 200 day moving average of $35.87.

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.