EWU Stock Summary and Trading Ideas (iShares MSCI United Kingdom ETF | ARCA:EWU)

The iShares MSCI United Kingdom ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the British market as measured by the MSCI United Kingdom Index.

iShares MSCI United Kingdom ETF trades on the ARCA stock market under the symbol EWU.

As of April 19, 2024, EWU stock price climbed to $33.49 with 853,914 million shares trading.

EWU has a beta of 0.71, meaning it tends to be less sensitive to market movements. EWU has a correlation of 0.47 to the broad based SPY ETF.

EWU has a market cap of $2.61 billion. This is considered a Mid Cap stock.

In the last 3 years, EWU stock traded as high as $35.09 and as low as $25.36.

EWU stock has underperformed the market in the last year with a return of +3.5%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in EWU shares. However, EWU has outperformed the market in the last 3 month and 2 week periods, returning +4.8% and -2.0%, while SPY returned +3.0% and -4.5%, respectively. This indicates EWU has been having a stronger performance recently.

EWU support price is $33.06 and resistance is $33.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EWU stock will trade within this expected range on the day.