SBI Securities Co. Ltd. Reduces Holdings in iShares MSCI Germany ETF $EWG

SBI Securities Co. Ltd. lowered its position in iShares MSCI Germany ETF (NYSEARCA:EWG) by 8.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 236,809 shares of the exchange traded fund’s stock after selling 21,196 shares during the quarter. SBI Securities Co. Ltd.’s holdings in iShares MSCI Germany ETF were worth $10,019,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaCore Capital LLC acquired a new stake in shares of iShares MSCI Germany ETF during the first quarter valued at about $32,000. Allworth Financial LP boosted its holdings in iShares MSCI Germany ETF by 146.9% in the second quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 501 shares during the last quarter. Stone House Investment Management LLC acquired a new stake in iShares MSCI Germany ETF during the 1st quarter valued at approximately $37,000. Atlantic Union Bankshares Corp purchased a new stake in iShares MSCI Germany ETF during the 2nd quarter worth approximately $37,000. Finally, Farther Finance Advisors LLC raised its position in shares of iShares MSCI Germany ETF by 140.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 974 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 569 shares in the last quarter. 53.42% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Trading Up 0.7%

iShares MSCI Germany ETF stock opened at $41.23 on Wednesday. iShares MSCI Germany ETF has a 52 week low of $31.03 and a 52 week high of $43.31. The stock has a market cap of $2.02 billion, a P/E ratio of 17.79 and a beta of 1.03. The stock has a 50 day moving average of $41.41 and a 200-day moving average of $41.59.

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).