CX Institutional Reduces Position in iShares MSCI Germany ETF $EWG

CX Institutional cut its holdings in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 4.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,327 shares of the exchange traded fund’s stock after selling 555 shares during the period. CX Institutional’s holdings in iShares MSCI Germany ETF were worth $564,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of EWG. Hsbc Holdings PLC boosted its stake in iShares MSCI Germany ETF by 15,545.6% during the 1st quarter. Hsbc Holdings PLC now owns 3,286,517 shares of the exchange traded fund’s stock worth $121,864,000 after purchasing an additional 3,265,511 shares during the period. New Vernon Capital Holdings II LLC acquired a new stake in shares of iShares MSCI Germany ETF during the first quarter worth about $57,326,000. Life Line Wealth Management LLC acquired a new stake in shares of iShares MSCI Germany ETF during the first quarter worth about $44,782,000. Envestnet Asset Management Inc. grew its holdings in shares of iShares MSCI Germany ETF by 290.6% during the first quarter. Envestnet Asset Management Inc. now owns 1,042,496 shares of the exchange traded fund’s stock worth $38,656,000 after buying an additional 775,570 shares during the last quarter. Finally, HITE Hedge Asset Management LLC purchased a new position in shares of iShares MSCI Germany ETF during the first quarter worth about $18,186,000. 53.42% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Germany ETF Stock Down 0.6%

EWG opened at $41.22 on Monday. iShares MSCI Germany ETF has a 52 week low of $31.03 and a 52 week high of $43.31. The business has a 50 day moving average price of $41.88 and a two-hundred day moving average price of $40.48. The company has a market cap of $2.79 billion, a PE ratio of 17.79 and a beta of 1.07.

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).