Evelyn Partners Asset Management Ltd boosted its stake in iShares MSCI Germany ETF (NYSEARCA:EWG – Free Report) by 14.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 117,464 shares of the exchange traded fund’s stock after purchasing an additional 14,800 shares during the quarter. Evelyn Partners Asset Management Ltd owned about 0.29% of iShares MSCI Germany ETF worth $4,992,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in EWG. Allworth Financial LP increased its holdings in iShares MSCI Germany ETF by 88.9% in the fourth quarter. Allworth Financial LP now owns 646 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 304 shares during the last quarter. JPL Wealth Management LLC bought a new stake in iShares MSCI Germany ETF in the third quarter valued at about $28,000. Geneos Wealth Management Inc. bought a new stake in iShares MSCI Germany ETF in the fourth quarter valued at about $31,000. Johnson Financial Group Inc. bought a new stake in iShares MSCI Germany ETF in the third quarter valued at about $37,000. Finally, NewEdge Advisors LLC bought a new stake in iShares MSCI Germany ETF in the first quarter valued at about $65,000. Institutional investors own 53.42% of the company’s stock.
iShares MSCI Germany ETF Trading Up 0.1%
NYSEARCA EWG opened at $42.31 on Friday. The stock has a 50-day simple moving average of $42.26 and a 200 day simple moving average of $42.20. The company has a market capitalization of $1.45 billion, a PE ratio of 17.79 and a beta of 0.95. iShares MSCI Germany ETF has a 12 month low of $37.97 and a 12 month high of $44.65.
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). The Index seeks to measure the performance of the Germany equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.
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