Truist Financial Corp Lowers Stake in iShares MSCI Germany ETF $EWG

Truist Financial Corp reduced its holdings in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 39.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,699 shares of the exchange traded fund’s stock after selling 27,667 shares during the period. Truist Financial Corp owned 0.10% of iShares MSCI Germany ETF worth $1,815,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Robertson Stephens Wealth Management LLC boosted its position in shares of iShares MSCI Germany ETF by 0.5% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 49,415 shares of the exchange traded fund’s stock worth $2,100,000 after purchasing an additional 265 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of iShares MSCI Germany ETF in the 4th quarter worth approximately $31,000. Evergreen Capital Management LLC boosted its position in shares of iShares MSCI Germany ETF by 4.9% in the 4th quarter. Evergreen Capital Management LLC now owns 12,951 shares of the exchange traded fund’s stock worth $550,000 after purchasing an additional 605 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares MSCI Germany ETF in the 4th quarter worth approximately $648,000. Finally, Ameliora Wealth Management Ltd. boosted its position in shares of iShares MSCI Germany ETF by 8.6% in the 4th quarter. Ameliora Wealth Management Ltd. now owns 107,209 shares of the exchange traded fund’s stock worth $4,556,000 after purchasing an additional 8,518 shares in the last quarter. 53.42% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Stock Up 0.2%

Shares of EWG opened at $42.25 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 cap of $1.44 billion, a P/E ratio of 17.79 and a beta of 0.95. The business’s 50 day moving average price is $41.10 and its 200-day moving average price is $41.90.

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.