Vontobel Holding Ltd. Decreases Stock Holdings in iShares MSCI Germany ETF $EWG

Vontobel Holding Ltd. trimmed its position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 9.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 109,428 shares of the exchange traded fund’s stock after selling 11,307 shares during the quarter. Vontobel Holding Ltd. owned about 0.16% of iShares MSCI Germany ETF worth $4,630,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. WESPAC Advisors LLC purchased a new stake in shares of iShares MSCI Germany ETF during the second quarter valued at about $763,000. Magnolia Capital Management Ltd. purchased a new stake in shares of iShares MSCI Germany ETF during the second quarter valued at about $214,000. Ameliora Wealth Management Ltd. lifted its position in shares of iShares MSCI Germany ETF by 2,046.3% during the second quarter. Ameliora Wealth Management Ltd. now owns 77,375 shares of the exchange traded fund’s stock valued at $3,274,000 after buying an additional 73,770 shares during the last quarter. Viewpoint Capital Management LLC raised its position in shares of iShares MSCI Germany ETF by 0.7% in the 2nd quarter. Viewpoint Capital Management LLC now owns 43,027 shares of the exchange traded fund’s stock valued at $1,820,000 after purchasing an additional 281 shares during the last quarter. Finally, Belpointe Asset Management LLC raised its position in shares of iShares MSCI Germany ETF by 38.5% in the 2nd quarter. Belpointe Asset Management LLC now owns 12,446 shares of the exchange traded fund’s stock valued at $527,000 after purchasing an additional 3,458 shares during the last quarter. 53.42% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Stock Down 1.4%

Shares of iShares MSCI Germany ETF stock opened at $41.52 on Friday. The firm has a market capitalization of $2.03 billion, a P/E ratio of 17.79 and a beta of 1.07. The company has a 50 day moving average price of $41.78 and a 200 day moving average price of $40.80. iShares MSCI Germany ETF has a 52 week low of $31.03 and a 52 week high of $43.31.

iShares MSCI Germany ETF Profile

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).