iShares MSCI United Kingdom ETF (NYSEARCA:EWU) Sees Unusually-High Trading Volume – Still a Buy?

by · The Cerbat Gem

iShares MSCI United Kingdom ETF (NYSEARCA:EWU – Get Free Report) shares saw an uptick in trading volume on Friday . 5,419,937 shares traded hands during mid-day trading, an increase of 282% from the previous session’s volume of 1,420,254 shares.The stock last traded at $35.72 and had previously closed at $35.55.

iShares MSCI United Kingdom ETF Stock Performance

The business’s 50 day moving average price is $36.90 and its two-hundred day moving average price is $35.99. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 12.86 and a beta of 0.68.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in EWU. Lynx Investment Advisory acquired a new position in iShares MSCI United Kingdom ETF in the 2nd quarter valued at approximately $30,000. Private Ocean LLC bought a new stake in iShares MSCI United Kingdom ETF in the second quarter worth approximately $52,000. Syntrinsic LLC boosted its holdings in shares of iShares MSCI United Kingdom ETF by 37.0% during the 2nd quarter. Syntrinsic LLC now owns 1,885 shares of the company’s stock worth $66,000 after buying an additional 509 shares during the period. Whittier Trust Co. boosted its holdings in shares of iShares MSCI United Kingdom ETF by 83.2% during the 3rd quarter. Whittier Trust Co. now owns 1,832 shares of the company’s stock worth $69,000 after buying an additional 832 shares during the period. Finally, Toronto Dominion Bank boosted its holdings in shares of iShares MSCI United Kingdom ETF by 75,000.0% during the 2nd quarter. Toronto Dominion Bank now owns 3,004 shares of the company’s stock worth $105,000 after buying an additional 3,000 shares during the period.

About iShares MSCI United Kingdom ETF

(Get Free Report)

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.

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