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ETF Focus: U.K. ETF jumps to highest level since 2015 as FTSE 100 hits record

The largest exchange-traded fund to track the U.K. equity market rallied on Tuesday, jumping to its highest level since 2015 and extending its strong year-to-date advance.

The iShares MSCI United Kingdom ETF EWU, +0.96% gained 0.9% to $34.56, the highest level for the fund since December 2015.

The advance came as U.K. traded blue-chip stocks surged to record levels, aided by a drop in the pound GBPUSD, +0.1939% and the latest read on inflation. The FTSE 100 index UKX, +0.62% surpassed 7,500 for the first time in its history as it finished at an all-time high.

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