Bank of New York Mellon Corp Reduces Stock Position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Bank of New York Mellon Corp reduced its position in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 111,938 shares of the company’s stock after selling 4,249 shares during the period. Bank of New York Mellon Corp owned 0.14% of iShares MSCI United Kingdom ETF worth $3,795,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of EWU. Union Bancaire Privee UBP SA bought a new position in iShares MSCI United Kingdom ETF in the fourth quarter worth about $2,678,000. Sanctuary Advisors LLC raised its stake in iShares MSCI United Kingdom ETF by 5.5% in the fourth quarter. Sanctuary Advisors LLC now owns 44,336 shares of the company’s stock worth $1,587,000 after buying an additional 2,306 shares in the last quarter. Millburn Ridgefield Corp raised its stake in iShares MSCI United Kingdom ETF by 5.4% in the fourth quarter. Millburn Ridgefield Corp now owns 1,768,143 shares of the company’s stock worth $59,940,000 after buying an additional 90,662 shares in the last quarter. Principal Securities Inc. raised its stake in iShares MSCI United Kingdom ETF by 4.4% in the fourth quarter. Principal Securities Inc. now owns 417,422 shares of the company’s stock worth $14,151,000 after buying an additional 17,682 shares in the last quarter. Finally, ABC Arbitrage SA bought a new position in iShares MSCI United Kingdom ETF in the fourth quarter worth about $4,311,000.

iShares MSCI United Kingdom ETF Price Performance

EWU stock opened at $37.95 on Wednesday. iShares MSCI United Kingdom ETF has a 1 year low of $33.06 and a 1 year high of $38.03. The company has a market cap of $3.26 billion, a P/E ratio of 18.10 and a beta of 0.79. The firm has a 50-day moving average of $36.01 and a 200 day moving average of $35.90.

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.