GHP Investment Advisors Inc. Trims Stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

GHP Investment Advisors Inc. cut its stake in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 57.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 266,828 shares of the company’s stock after selling 355,489 shares during the period. GHP Investment Advisors Inc. owned about 0.34% of iShares MSCI United Kingdom ETF worth $9,982,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of EWU. Bricktown Capital LLC bought a new position in iShares MSCI United Kingdom ETF in the 2nd quarter worth $17,776,000. Polianta Ltd bought a new position in shares of iShares MSCI United Kingdom ETF in the second quarter worth about $14,129,000. Oxbow Advisors LLC purchased a new stake in shares of iShares MSCI United Kingdom ETF during the first quarter worth about $7,598,000. Flow Traders U.S. LLC raised its stake in iShares MSCI United Kingdom ETF by 21.0% during the 1st quarter. Flow Traders U.S. LLC now owns 1,275,828 shares of the company’s stock valued at $43,646,000 after purchasing an additional 221,226 shares during the period. Finally, Marshall Wace LLP purchased a new position in iShares MSCI United Kingdom ETF in the 2nd quarter worth approximately $6,806,000.

iShares MSCI United Kingdom ETF Stock Performance

EWU traded down $0.26 during trading on Friday, reaching $36.13. 444,144 shares of the company traded hands, compared to its average volume of 1,417,467. The company has a market cap of $2.82 billion, a P/E ratio of 12.86 and a beta of 0.68. iShares MSCI United Kingdom ETF has a 12-month low of $30.14 and a 12-month high of $37.88. The firm has a fifty day simple moving average of $36.96 and a 200 day simple moving average of $35.94.

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.