iShares MSCI Germany ETF (NYSEARCA:EWG) Sees Strong Trading Volume

iShares MSCI Germany ETF (NYSEARCA:EWG) saw strong trading volume on Monday . 5,557,430 shares were traded during trading, an increase of 55% from the previous session’s volume of 3,580,344 shares.The stock last traded at $28.59 and had previously closed at $28.41.

The firm’s 50 day simple moving average is $27.29 and its 200 day simple moving average is $27.41.

Several hedge funds have recently bought and sold shares of EWG. Patriot Financial Group Insurance Agency LLC purchased a new position in shares of iShares MSCI Germany ETF during the second quarter worth approximately $39,000. Lindbrook Capital LLC purchased a new position in shares of iShares MSCI Germany ETF in the second quarter worth $69,000. Financial Gravity Wealth Inc. increased its stake in shares of iShares MSCI Germany ETF by 11,883.3% in the third quarter. Financial Gravity Wealth Inc. now owns 2,876 shares of the exchange traded fund’s stock worth $77,000 after buying an additional 2,852 shares during the period. CWM LLC increased its stake in shares of iShares MSCI Germany ETF by 210.8% in the third quarter. CWM LLC now owns 3,248 shares of the exchange traded fund’s stock worth $87,000 after buying an additional 2,203 shares during the period. Finally, ETF Managers Group LLC increased its stake in shares of iShares MSCI Germany ETF by 130.2% in the second quarter. ETF Managers Group LLC now owns 3,584 shares of the exchange traded fund’s stock worth $99,000 after buying an additional 2,027 shares during the period.

About iShares MSCI Germany ETF (NYSEARCA:EWG)

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).

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