Contravisory Investment Management Inc. Boosts Stake in iShares MSCI United Kingdom ETF (NYSEARCA:EWU)

Contravisory Investment Management Inc. lifted its holdings in shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) by 64.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,060 shares of the company’s stock after buying an additional 7,892 shares during the period. Contravisory Investment Management Inc.’s holdings in iShares MSCI United Kingdom ETF were worth $649,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC grew its position in shares of iShares MSCI United Kingdom ETF by 91.9% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the company’s stock valued at $31,000 after acquiring an additional 465 shares during the period. Brown Advisory Inc. lifted its holdings in iShares MSCI United Kingdom ETF by 0.6% during the first quarter. Brown Advisory Inc. now owns 82,570 shares of the company’s stock valued at $2,664,000 after purchasing an additional 470 shares in the last quarter. Stifel Financial Corp lifted its holdings in iShares MSCI United Kingdom ETF by 3.3% during the first quarter. Stifel Financial Corp now owns 15,562 shares of the company’s stock valued at $502,000 after purchasing an additional 501 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in iShares MSCI United Kingdom ETF by 4.7% in the 1st quarter. Moors & Cabot Inc. now owns 11,185 shares of the company’s stock worth $376,000 after buying an additional 505 shares during the period. Finally, Banque Cantonale Vaudoise grew its position in shares of iShares MSCI United Kingdom ETF by 5.1% during the first quarter. Banque Cantonale Vaudoise now owns 10,626 shares of the company’s stock worth $342,000 after purchasing an additional 514 shares in the last quarter.

iShares MSCI United Kingdom ETF Stock Down 0.4 %

NYSEARCA EWU traded down $0.13 on Monday, reaching $32.36. The company had a trading volume of 1,492,192 shares, compared to its average volume of 2,103,188. The stock has a market capitalization of $2.79 billion, a PE ratio of 13.02 and a beta of 0.83. iShares MSCI United Kingdom ETF has a 12 month low of $25.36 and a 12 month high of $34.04. The firm’s 50 day moving average price is $32.31 and its 200 day moving average price is $32.48.

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.