Idaho Trust Bank Lowers Position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Idaho Trust Bank cut its stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 1.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 80,253 shares of the company’s stock after selling 1,503 shares during the quarter. iShares MSCI United Kingdom ETF accounts for about 1.4% of Idaho Trust Bank’s holdings, making the stock its 24th largest position. Idaho Trust Bank’s holdings in iShares MSCI United Kingdom ETF were worth $2,720,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Millburn Ridgefield Corp lifted its position in iShares MSCI United Kingdom ETF by 5.4% during the fourth quarter. Millburn Ridgefield Corp now owns 1,768,143 shares of the company’s stock valued at $59,940,000 after purchasing an additional 90,662 shares in the last quarter. Principal Securities Inc. lifted its position in iShares MSCI United Kingdom ETF by 4.4% during the fourth quarter. Principal Securities Inc. now owns 417,422 shares of the company’s stock valued at $14,151,000 after purchasing an additional 17,682 shares in the last quarter. HighTower Advisors LLC lifted its position in iShares MSCI United Kingdom ETF by 1.6% during the third quarter. HighTower Advisors LLC now owns 345,260 shares of the company’s stock valued at $12,917,000 after purchasing an additional 5,426 shares in the last quarter. Pictet North America Advisors SA lifted its position in iShares MSCI United Kingdom ETF by 288.4% during the fourth quarter. Pictet North America Advisors SA now owns 326,221 shares of the company’s stock valued at $11,059,000 after purchasing an additional 242,240 shares in the last quarter. Finally, Citigroup Inc. lifted its position in iShares MSCI United Kingdom ETF by 237.3% during the third quarter. Citigroup Inc. now owns 325,848 shares of the company’s stock valued at $12,190,000 after purchasing an additional 229,244 shares in the last quarter.

iShares MSCI United Kingdom ETF Stock Performance

NYSEARCA EWU opened at $36.96 on Wednesday. The business’s fifty day moving average is $35.65 and its 200 day moving average is $35.90. iShares MSCI United Kingdom ETF has a fifty-two week low of $33.06 and a fifty-two week high of $38.03. The company has a market capitalization of $3.27 billion, a PE ratio of 17.54 and a beta of 0.82.

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.