JPMorgan Chase & Co. Decreases Stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

JPMorgan Chase & Co. cut its stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 9.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,019,517 shares of the company’s stock after selling 805,165 shares during the quarter. JPMorgan Chase & Co. owned about 10.28% of iShares MSCI United Kingdom ETF worth $300,010,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Mount Lucas Management LP increased its holdings in iShares MSCI United Kingdom ETF by 2.0% in the 3rd quarter. Mount Lucas Management LP now owns 20,232 shares of the company’s stock worth $757,000 after buying an additional 394 shares during the period. Dai ichi Life Holdings Inc. increased its stake in shares of iShares MSCI United Kingdom ETF by 1.4% in the third quarter. Dai ichi Life Holdings Inc. now owns 28,700 shares of the company’s stock worth $1,077,000 after acquiring an additional 400 shares during the period. Contravisory Investment Management Inc. raised its holdings in shares of iShares MSCI United Kingdom ETF by 2.1% during the third quarter. Contravisory Investment Management Inc. now owns 23,429 shares of the company’s stock worth $876,000 after purchasing an additional 488 shares during the last quarter. Legacy Capital Group California Inc. lifted its position in iShares MSCI United Kingdom ETF by 2.1% during the third quarter. Legacy Capital Group California Inc. now owns 23,198 shares of the company’s stock valued at $868,000 after purchasing an additional 488 shares during the period. Finally, Syntrinsic LLC lifted its position in iShares MSCI United Kingdom ETF by 37.0% during the second quarter. Syntrinsic LLC now owns 1,885 shares of the company’s stock valued at $66,000 after purchasing an additional 509 shares during the period.

iShares MSCI United Kingdom ETF Stock Performance

Shares of EWU opened at $33.96 on Monday. The business’s 50-day moving average is $35.31 and its two-hundred day moving average is $35.90. The company has a market capitalization of $2.65 billion, a P/E ratio of 12.86 and a beta of 0.68. iShares MSCI United Kingdom ETF has a fifty-two week low of $31.51 and a fifty-two week high of $37.88.

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.