iShares MSCI United Kingdom ETF $EWU Shares Sold by TD Asset Management Inc

TD Asset Management Inc decreased its holdings in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 21.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,495,400 shares of the company’s stock after selling 398,300 shares during the quarter. TD Asset Management Inc’s holdings in iShares MSCI United Kingdom ETF were worth $62,762,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EWU. Envestnet Asset Management Inc. lifted its stake in iShares MSCI United Kingdom ETF by 4.8% in the second quarter. Envestnet Asset Management Inc. now owns 467,703 shares of the company’s stock valued at $18,577,000 after buying an additional 21,457 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of iShares MSCI United Kingdom ETF in the 2nd quarter valued at $137,000. Arkadios Wealth Advisors purchased a new stake in iShares MSCI United Kingdom ETF in the 2nd quarter valued at $295,000. Assetmark Inc. boosted its stake in iShares MSCI United Kingdom ETF by 191.3% during the 2nd quarter. Assetmark Inc. now owns 8,047 shares of the company’s stock worth $320,000 after purchasing an additional 5,285 shares during the period. Finally, Bank of Montreal Can boosted its stake in iShares MSCI United Kingdom ETF by 13.5% during the 2nd quarter. Bank of Montreal Can now owns 3,600 shares of the company’s stock worth $143,000 after purchasing an additional 428 shares during the period. 58.38% of the stock is owned by institutional investors and hedge funds.

iShares MSCI United Kingdom ETF Stock Performance

Shares of NYSEARCA:EWU opened at $48.61 on Friday. iShares MSCI United Kingdom ETF has a one year low of $32.76 and a one year high of $48.73. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 15.42 and a beta of 0.71. The company has a 50-day simple moving average of $45.81 and a 200-day simple moving average of $43.47.

iShares MSCI United Kingdom ETF 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.