Promus Capital LLC Invests $388,000 in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Promus Capital LLC purchased a new position in iShares MSCI United Kingdom ETF (NYSEARCA:EWU) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,449 shares of the company’s stock, valued at approximately $388,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of EWU. Harbor Capital Advisors Inc. lifted its holdings in shares of iShares MSCI United Kingdom ETF by 38.3% in the third quarter. Harbor Capital Advisors Inc. now owns 7,605 shares of the company’s stock worth $285,000 after buying an additional 2,105 shares in the last quarter. Millburn Ridgefield Corp lifted its holdings in shares of iShares MSCI United Kingdom ETF by 8.0% in the third quarter. Millburn Ridgefield Corp now owns 1,677,481 shares of the company’s stock worth $62,755,000 after buying an additional 124,428 shares in the last quarter. Donald L. Hagan LLC lifted its holdings in shares of iShares MSCI United Kingdom ETF by 16.5% in the third quarter. Donald L. Hagan LLC now owns 7,157 shares of the company’s stock worth $268,000 after buying an additional 1,012 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its holdings in shares of iShares MSCI United Kingdom ETF by 20.5% in the third quarter. Walkner Condon Financial Advisors LLC now owns 8,578 shares of the company’s stock worth $321,000 after buying an additional 1,457 shares in the last quarter. Finally, Oxbow Advisors LLC lifted its holdings in shares of iShares MSCI United Kingdom ETF by 0.4% in the third quarter. Oxbow Advisors LLC now owns 225,891 shares of the company’s stock worth $8,451,000 after buying an additional 966 shares in the last quarter.

iShares MSCI United Kingdom ETF Trading Up 1.0 %

EWU stock opened at $37.92 on Thursday. The company’s 50 day moving average is $35.39 and its 200 day moving average is $35.90. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 17.54 and a beta of 0.82. iShares MSCI United Kingdom ETF has a 1-year low of $32.99 and a 1-year high of $38.03.

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.