iShares MSCI United Kingdom ETF (NYSEARCA:EWU) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares MSCI United Kingdom ETF (NYSEARCA:EWU) saw an uptick in trading volume on Wednesday . 4,030,956 shares changed hands during trading, an increase of 191% from the previous session’s volume of 1,386,209 shares.The stock last traded at $35.91 and had previously closed at $35.88.

iShares MSCI United Kingdom ETF Price Performance

The stock has a market cap of $2.80 billion, a P/E ratio of 12.86 and a beta of 0.68. The stock has a fifty day simple moving average of $36.06 and a 200-day simple moving average of $36.05.

Hedge Funds Weigh In On iShares MSCI United Kingdom ETF

Several institutional investors have recently modified their holdings of the business. Private Ocean LLC acquired a new stake in iShares MSCI United Kingdom ETF in the 2nd quarter valued at approximately $52,000. Syntrinsic LLC raised its position in iShares MSCI United Kingdom ETF by 37.0% in the 2nd quarter. Syntrinsic LLC now owns 1,885 shares of the company’s stock valued at $66,000 after buying an additional 509 shares during the last quarter. Whittier Trust Co. raised its position in iShares MSCI United Kingdom ETF by 83.2% in the 3rd quarter. Whittier Trust Co. now owns 1,832 shares of the company’s stock valued at $69,000 after buying an additional 832 shares during the last quarter. Toronto Dominion Bank increased its position 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 purchasing an additional 3,000 shares during the last quarter. Finally, FMR LLC increased its position in shares of iShares MSCI United Kingdom ETF by 16.8% during the 3rd quarter. FMR LLC now owns 4,195 shares of the company’s stock worth $157,000 after purchasing an additional 602 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.