iShares MSCI Germany ETF (NYSEARCA:EWG – Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $42.27 and traded as high as $42.42. iShares MSCI Germany ETF shares last traded at $42.41, with a volume of 704,102 shares.
iShares MSCI Germany ETF Stock Performance
The stock has a fifty day simple moving average of $42.35 and a 200-day simple moving average of $42.27. The stock has a market cap of $1.55 billion, a P/E ratio of 17.79 and a beta of 0.96.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of EWG. Triumph Capital Management bought a new stake in shares of iShares MSCI Germany ETF during the second quarter worth approximately $41,000. GKV Capital Management Co. Inc. acquired a new stake in iShares MSCI Germany ETF during the 1st quarter worth approximately $52,000. West Branch Capital LLC bought a new stake in iShares MSCI Germany ETF in the 2nd quarter valued at $103,000. MeadowBrook Investment Advisors LLC bought a new stake in iShares MSCI Germany ETF in the 3rd quarter valued at $105,000. Finally, Rockefeller Capital Management L.P. boosted its stake in iShares MSCI Germany ETF by 89.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,257 shares of the exchange traded fund’s stock valued at $138,000 after purchasing an additional 1,540 shares during the period. 53.42% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Germany ETF Company 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). 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.
See Also
- Five stocks we like better than iShares MSCI Germany ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for iShares MSCI Germany ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Germany ETF and related companies with MarketBeat.com's FREE daily email newsletter.
