iShares MSCI Germany ETF (NYSEARCA:EWG) Sees Unusually-High Trading Volume

Shares of iShares MSCI Germany ETF (NYSEARCA:EWG) saw strong trading volume on Tuesday . 3,963,757 shares changed hands during trading, an increase of 150% from the previous session’s volume of 1,583,311 shares.The stock last traded at $30.09 and had previously closed at $30.26.

iShares MSCI Germany ETF Price Performance

The stock has a market cap of $1.71 billion, a price-to-earnings ratio of 10.82 and a beta of 1.07. The business has a 50-day simple moving average of $30.70 and a two-hundred day simple moving average of $28.86.

Hedge Funds Weigh In On iShares MSCI Germany ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Benjamin F. Edwards & Company Inc. increased its stake in shares of iShares MSCI Germany ETF by 14.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 3,016 shares of the exchange traded fund’s stock worth $86,000 after purchasing an additional 388 shares during the period. Raymond James & Associates lifted its holdings in shares of iShares MSCI Germany ETF by 4.4% during the fourth quarter. Raymond James & Associates now owns 11,702 shares of the exchange traded fund’s stock worth $347,000 after buying an additional 488 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of iShares MSCI Germany ETF by 8.2% in the first quarter. Steward Partners Investment Advisory LLC now owns 6,481 shares of the exchange traded fund’s stock valued at $184,000 after acquiring an additional 491 shares during the period. Hexagon Capital Partners LLC grew its stake in shares of iShares MSCI Germany ETF by 112.1% in the third quarter. Hexagon Capital Partners LLC now owns 1,090 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 576 shares in the last quarter. Finally, Viewpoint Capital Management LLC increased its position in iShares MSCI Germany ETF by 1.7% during the third quarter. Viewpoint Capital Management LLC now owns 41,556 shares of the exchange traded fund’s stock worth $1,089,000 after acquiring an additional 700 shares during the period.

About iShares MSCI Germany ETF

iShares MSCI Germany ETF, formerly iShares MSCI Germany Index Fund (the Fund), is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the German market, as measured by the MSCI Germany Index (the Index).