Bank of Montreal Can Purchases 644,647 Shares of iShares MSCI Germany ETF $EWG

Bank of Montreal Can lifted its position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 102.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,275,097 shares of the exchange traded fund’s stock after acquiring an additional 644,647 shares during the quarter. Bank of Montreal Can owned approximately 1.88% of iShares MSCI Germany ETF worth $53,949,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in EWG. Hsbc Holdings PLC grew its stake in shares of iShares MSCI Germany ETF by 15,545.6% during the first 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 $57,326,000. Envestnet Asset Management Inc. grew its stake 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 purchasing an additional 775,570 shares during the period. HITE Hedge Asset Management LLC acquired a new stake in shares of iShares MSCI Germany ETF during the first quarter worth $18,186,000. Finally, Picton Mahoney Asset Management acquired a new stake in shares of iShares MSCI Germany ETF during the first quarter worth $13,883,000. 53.42% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Germany ETF Stock Up 1.0%

Shares of iShares MSCI Germany ETF stock opened at $40.73 on Thursday. iShares MSCI Germany ETF has a 12 month low of $31.03 and a 12 month high of $43.31. The business has a fifty day simple moving average of $41.49 and a 200 day simple moving average of $41.50. The stock has a market cap of $1.99 billion, a PE ratio of 17.79 and a beta of 1.03.

About iShares MSCI Germany ETF

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).