GHP Investment Advisors Inc. Has $6.50 Million Position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

GHP Investment Advisors Inc. cut its stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 28.1% during the fourth quarter, HoldingsChannel reports. The fund owned 191,737 shares of the company’s stock after selling 75,091 shares during the quarter. GHP Investment Advisors Inc.’s holdings in iShares MSCI United Kingdom ETF were worth $6,500,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Whittier Trust Co. grew its position in iShares MSCI United Kingdom ETF by 83.2% in the third quarter. Whittier Trust Co. now owns 1,832 shares of the company’s stock worth $69,000 after acquiring an additional 832 shares in the last quarter. FMR LLC lifted its stake in shares of iShares MSCI United Kingdom ETF by 16.8% in the 3rd quarter. FMR LLC now owns 4,195 shares of the company’s stock valued at $157,000 after purchasing an additional 602 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in iShares MSCI United Kingdom ETF in the third quarter worth $201,000. Lunt Capital Management Inc. acquired a new position in iShares MSCI United Kingdom ETF during the third quarter worth $204,000. Finally, Finley Financial LLC bought a new position in iShares MSCI United Kingdom ETF during the fourth quarter valued at about $210,000.

iShares MSCI United Kingdom ETF Price Performance

Shares of NYSEARCA:EWU opened at $36.06 on Friday. The stock has a market capitalization of $2.81 billion, a P/E ratio of 12.86 and a beta of 0.68. The business has a 50-day moving average of $34.77 and a two-hundred day moving average of $35.74. iShares MSCI United Kingdom ETF has a fifty-two week low of $31.58 and a fifty-two week high of $37.88.

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.