Prosperity Consulting Group LLC Grows Stock Position in iShares MSCI United Kingdom ETF $EWU

Prosperity Consulting Group LLC raised its position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 168.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,959 shares of the company’s stock after buying an additional 29,444 shares during the quarter. Prosperity Consulting Group LLC’s holdings in iShares MSCI United Kingdom ETF were worth $2,139,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in EWU. NewEdge Advisors LLC increased its holdings in iShares MSCI United Kingdom ETF by 326.2% in the 2nd quarter. NewEdge Advisors LLC now owns 31,707 shares of the company’s stock worth $1,259,000 after acquiring an additional 24,268 shares during the last quarter. Quantinno Capital Management LP lifted its holdings in iShares MSCI United Kingdom ETF by 7.8% during the second quarter. Quantinno Capital Management LP now owns 29,273 shares of the company’s stock valued at $1,163,000 after purchasing an additional 2,113 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in iShares MSCI United Kingdom ETF by 13.6% during the second quarter. Raymond James Financial Inc. now owns 43,580 shares of the company’s stock valued at $1,731,000 after purchasing an additional 5,227 shares during the last quarter. Bank of America Corp DE boosted its position in iShares MSCI United Kingdom ETF by 23.1% during the second quarter. Bank of America Corp DE now owns 3,663,638 shares of the company’s stock worth $145,520,000 after purchasing an additional 686,519 shares during the period. Finally, MML Investors Services LLC boosted its position in iShares MSCI United Kingdom ETF by 25.8% during the second quarter. MML Investors Services LLC now owns 61,685 shares of the company’s stock worth $2,450,000 after purchasing an additional 12,656 shares during the period. Hedge funds and other institutional investors own 58.38% of the company’s stock.

iShares MSCI United Kingdom ETF Stock Down 0.1%

EWU opened at $46.94 on Friday. The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of 15.42 and a beta of 0.59. The firm has a 50-day moving average price of $46.52 and a 200-day moving average price of $46.35. iShares MSCI United Kingdom ETF has a twelve month low of $39.60 and a twelve month high of $48.92.

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.