iShares MSCI United Kingdom ETF (NYSEARCA:EWU) Sees Large Volume Increase

iShares MSCI United Kingdom ETF (NYSEARCA:EWU) shares saw unusually-high trading volume on Wednesday . Approximately 2,867,306 shares traded hands during mid-day trading, an increase of 35% from the previous session’s volume of 2,130,139 shares.The stock last traded at $33.31 and had previously closed at $33.21.

iShares MSCI United Kingdom ETF Trading Up 0.4 %

The firm’s fifty day simple moving average is $33.35 and its 200 day simple moving average is $32.53. The company has a market cap of $2.61 billion, a price-to-earnings ratio of 12.50 and a beta of 0.68.

Institutional Trading of iShares MSCI United Kingdom ETF

Several institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp increased its position in shares of iShares MSCI United Kingdom ETF by 309.6% during the first quarter. Bank of New York Mellon Corp now owns 61,163 shares of the company’s stock worth $2,058,000 after purchasing an additional 46,230 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in iShares MSCI United Kingdom ETF by 14.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 25,435 shares of the company’s stock worth $856,000 after buying an additional 3,178 shares during the last quarter. Bank of Montreal Can grew its stake in iShares MSCI United Kingdom ETF by 3.9% during the 1st quarter. Bank of Montreal Can now owns 151,249 shares of the company’s stock worth $5,157,000 after buying an additional 5,653 shares during the last quarter. BlackRock Inc. increased its position in iShares MSCI United Kingdom ETF by 3.1% during the first quarter. BlackRock Inc. now owns 1,158,217 shares of the company’s stock worth $38,962,000 after buying an additional 34,341 shares during the period. Finally, Blair William & Co. IL lifted its stake in iShares MSCI United Kingdom ETF by 7.2% in the first quarter. Blair William & Co. IL now owns 127,032 shares of the company’s stock valued at $4,273,000 after buying an additional 8,559 shares during the last quarter.

iShares MSCI United Kingdom ETF Company Profile

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.