Sankala Group LLC Invests $1.56 Million in iShares MSCI Germany ETF $EWG

Sankala Group LLC bought a new stake in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) in the 4th quarter, HoldingsChannel.com reports. The fund bought 35,167 shares of the exchange traded fund’s stock, valued at approximately $1,559,000. iShares MSCI Germany ETF accounts for approximately 1.3% of Sankala Group LLC’s holdings, making the stock its 17th largest holding.

Other large investors have also recently made changes to their positions in the company. NewEdge Advisors LLC purchased a new stake in iShares MSCI Germany ETF during the first quarter worth $65,000. Jones Financial Companies Lllp increased its holdings in iShares MSCI Germany ETF by 3,443.5% in the first quarter. Jones Financial Companies Lllp now owns 19,489 shares of the exchange traded fund’s stock valued at $723,000 after buying an additional 18,939 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of iShares MSCI Germany ETF in the first quarter worth about $1,497,000. Focus Partners Wealth acquired a new position in shares of iShares MSCI Germany ETF in the first quarter worth about $288,000. Finally, Rhumbline Advisers boosted its stake in shares of iShares MSCI Germany ETF by 164.3% during the 1st quarter. Rhumbline Advisers now owns 3,105 shares of the exchange traded fund’s stock worth $115,000 after acquiring an additional 1,930 shares in the last quarter. 53.42% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Germany ETF Price Performance

NYSEARCA:EWG opened at $41.52 on Friday. iShares MSCI Germany ETF has a 52 week low of $37.97 and a 52 week high of $44.65. The stock has a market capitalization of $1.42 billion, a PE ratio of 17.79 and a beta of 0.95. The stock’s 50-day moving average price is $42.39 and its 200-day moving average price is $42.24.

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.