Chapman Financial Group LLC Buys Shares of 8,960 iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Chapman Financial Group LLC purchased a new stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 8,960 shares of the company’s stock, valued at approximately $304,000.

A number of other large investors have also recently made changes to their positions in the stock. Pictet North America Advisors SA grew its holdings in shares of iShares MSCI United Kingdom ETF by 288.4% in the fourth quarter. Pictet North America Advisors SA now owns 326,221 shares of the company’s stock worth $11,059,000 after acquiring an additional 242,240 shares during the period. Optiver Holding B.V. purchased a new stake in shares of iShares MSCI United Kingdom ETF during the 4th quarter valued at about $7,102,000. OLD Mission Capital LLC bought a new position in shares of iShares MSCI United Kingdom ETF in the 4th quarter worth approximately $6,912,000. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI United Kingdom ETF by 49.3% in the fourth quarter. Ameriprise Financial Inc. now owns 612,918 shares of the company’s stock worth $20,775,000 after buying an additional 202,384 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in iShares MSCI United Kingdom ETF during the fourth quarter valued at approximately $6,541,000.

iShares MSCI United Kingdom ETF Trading Up 1.9 %

Shares of EWU stock opened at $38.60 on Monday. The company has a 50 day simple moving average of $36.97 and a two-hundred day simple moving average of $35.87. The stock has a market cap of $3.25 billion, a P/E ratio of 17.15 and a beta of 0.68. iShares MSCI United Kingdom ETF has a 12 month low of $32.76 and a 12 month high of $38.67.

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.