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

SBI Securities Co. Ltd. reduced its holdings in iShares MSCI Germany ETF (NYSEARCA:EWG) by 40.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 141,484 shares of the exchange traded fund’s stock after selling 95,325 shares during the quarter. SBI Securities Co. Ltd.’s holdings in iShares MSCI Germany ETF were worth $5,887,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in EWG. Berbice Capital Management LLC boosted its holdings in iShares MSCI Germany ETF by 60.0% in the second quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 300 shares in the last quarter. Evergreen Capital Management LLC lifted its position in shares of iShares MSCI Germany ETF by 2.5% in the 3rd quarter. Evergreen Capital Management LLC now owns 12,346 shares of the exchange traded fund’s stock worth $514,000 after purchasing an additional 305 shares during the period. Clear Harbor Asset Management LLC boosted its stake in shares of iShares MSCI Germany ETF by 1.6% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 25,306 shares of the exchange traded fund’s stock valued at $1,053,000 after purchasing an additional 405 shares in the last quarter. Allworth Financial LP increased its position in shares of iShares MSCI Germany ETF by 146.9% during the second quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 501 shares during the period. Finally, Global Retirement Partners LLC raised its stake in iShares MSCI Germany ETF by 6.2% in the third quarter. Global Retirement Partners LLC now owns 9,581 shares of the exchange traded fund’s stock worth $399,000 after buying an additional 558 shares in the last quarter. 53.42% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Stock Performance

iShares MSCI Germany ETF stock opened at $43.25 on Thursday. iShares MSCI Germany ETF has a fifty-two week low of $32.82 and a fifty-two week high of $44.42. The stock’s 50 day simple moving average is $42.58 and its two-hundred day simple moving average is $41.87. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 17.79 and a beta of 1.03.

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). 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.