Royal Bank of Canada Sells 294,127 Shares of iShares MSCI Germany ETF $EWG

Royal Bank of Canada trimmed its position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 40.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 425,449 shares of the exchange traded fund’s stock after selling 294,127 shares during the quarter. Royal Bank of Canada owned about 1.24% of iShares MSCI Germany ETF worth $16,878,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Robertson Stephens Wealth Management LLC lifted its stake in shares of iShares MSCI Germany ETF by 0.5% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 49,415 shares of the exchange traded fund’s stock worth $2,100,000 after buying an additional 265 shares in the last quarter. CreativeOne Wealth LLC grew its holdings in shares of iShares MSCI Germany ETF by 5.0% during the third quarter. CreativeOne Wealth LLC now owns 5,957 shares of the exchange traded fund’s stock valued at $248,000 after buying an additional 284 shares during the last quarter. Allworth Financial LP increased its position in shares of iShares MSCI Germany ETF by 88.9% during the fourth quarter. Allworth Financial LP now owns 646 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 304 shares in the last quarter. Cibc World Market Inc. increased its position in shares of iShares MSCI Germany ETF by 4.8% during the fourth quarter. Cibc World Market Inc. now owns 6,881 shares of the exchange traded fund’s stock valued at $292,000 after acquiring an additional 315 shares in the last quarter. Finally, Fisher Asset Management LLC increased its position in shares of iShares MSCI Germany ETF by 8.0% during the fourth quarter. Fisher Asset Management LLC now owns 5,227 shares of the exchange traded fund’s stock valued at $222,000 after acquiring an additional 388 shares in the last quarter. 53.42% of the stock is currently owned by institutional investors.

iShares MSCI Germany ETF Stock Down 0.3%

Shares of NYSEARCA EWG opened at $43.52 on Friday. The firm has a market cap of $1.61 billion, a P/E ratio of 17.79 and a beta of 0.95. iShares MSCI Germany ETF has a twelve month low of $37.97 and a twelve month high of $44.65. The company has a 50 day moving average of $41.92 and a 200 day moving average of $42.09.

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.