Prostatis Group LLC Acquires 12,649 Shares of iShares MSCI Germany ETF $EWG

Prostatis Group LLC grew its holdings in iShares MSCI Germany ETF (NYSEARCA:EWG) by 17.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,078 shares of the exchange traded fund’s stock after acquiring an additional 12,649 shares during the period. Prostatis Group LLC owned about 0.18% of iShares MSCI Germany ETF worth $3,582,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Thrivent Financial for Lutherans bought a new stake in iShares MSCI Germany ETF during the 3rd quarter valued at approximately $6,481,000. Foundations Investment Advisors LLC bought a new stake in shares of iShares MSCI Germany ETF during the third quarter valued at approximately $439,000. Crumly & Associates Inc. purchased a new position in shares of iShares MSCI Germany ETF in the third quarter worth $245,000. Capital Wealth Alliance LLC purchased a new position in shares of iShares MSCI Germany ETF in the third quarter worth $204,000. Finally, Truist Financial Corp boosted its position in shares of iShares MSCI Germany ETF by 4.3% during the third quarter. Truist Financial Corp now owns 70,366 shares of the exchange traded fund’s stock worth $2,928,000 after acquiring an additional 2,882 shares during the last quarter. Hedge funds and other institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Performance

EWG opened at $43.11 on Monday. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 17.79 and a beta of 1.03. The company has a fifty day moving average of $42.38 and a 200 day moving average of $41.84. iShares MSCI Germany ETF has a fifty-two week low of $32.82 and a fifty-two week high of $44.42.

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.