Thrivent Financial for Lutherans Takes Position in iShares MSCI United Kingdom ETF $EWU

Thrivent Financial for Lutherans acquired a new stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 131,745 shares of the company’s stock, valued at approximately $5,826,000.

A number of other institutional investors also recently made changes to their positions in the business. Bank Julius Baer & Co. Ltd Zurich boosted its position in iShares MSCI United Kingdom ETF by 61.9% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 25,047 shares of the company’s stock valued at $1,102,000 after buying an additional 9,572 shares during the period. Allworth Financial LP boosted its position in iShares MSCI United Kingdom ETF by 105.8% during the 4th quarter. Allworth Financial LP now owns 963 shares of the company’s stock valued at $42,000 after buying an additional 495 shares during the period. Idaho Trust Co boosted its position in iShares MSCI United Kingdom ETF by 0.5% during the 4th quarter. Idaho Trust Co now owns 73,199 shares of the company’s stock valued at $3,219,000 after buying an additional 394 shares during the period. Ameritas Advisory Services LLC purchased a new stake in iShares MSCI United Kingdom ETF during the 4th quarter valued at $635,000. Finally, Trek Financial LLC boosted its position in iShares MSCI United Kingdom ETF by 2.4% during the 4th quarter. Trek Financial LLC now owns 38,439 shares of the company’s stock valued at $1,691,000 after buying an additional 909 shares during the period. Hedge funds and other institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Trading Up 0.6%

NYSEARCA:EWU opened at $47.34 on Friday. The company has a 50-day moving average price of $46.40 and a 200-day moving average price of $45.38. iShares MSCI United Kingdom ETF has a 12 month low of $38.74 and a 12 month high of $48.92. The stock has a market cap of $3.49 billion, a price-to-earnings ratio of 15.42 and a beta of 0.60.

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.