iShares MSCI Germany ETF $EWG Shares Bought by 3EDGE Asset Management LP

3EDGE Asset Management LP raised its holdings in iShares MSCI Germany ETF (NYSEARCA:EWG) by 43.2% during the 4th quarter, Holdings Channel reports. The firm owned 391,987 shares of the exchange traded fund’s stock after purchasing an additional 118,274 shares during the quarter. iShares MSCI Germany ETF comprises 0.9% of 3EDGE Asset Management LP’s investment portfolio, making the stock its 27th biggest holding. 3EDGE Asset Management LP’s holdings in iShares MSCI Germany ETF were worth $16,757,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC acquired a new position in shares of iShares MSCI Germany ETF during the 1st quarter valued at about $65,000. Jones Financial Companies Lllp raised its stake in shares of iShares MSCI Germany ETF by 3,443.5% during the first quarter. Jones Financial Companies Lllp now owns 19,489 shares of the exchange traded fund’s stock valued at $723,000 after purchasing an additional 18,939 shares during the period. Empowered Funds LLC acquired a new position in iShares MSCI Germany ETF in the 1st quarter worth $1,497,000. Focus Partners Wealth purchased a new position in iShares MSCI Germany ETF in the first quarter valued at about $288,000. Finally, Rhumbline Advisers boosted its stake in shares of iShares MSCI Germany ETF by 164.3% during the 1st quarter. Rhumbline Advisers now owns 3,105 shares of the exchange traded fund’s stock valued at $115,000 after buying an additional 1,930 shares during the last quarter. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Performance

EWG opened at $42.04 on Wednesday. The company has a market capitalization of $1.44 billion, a P/E ratio of 17.79 and a beta of 0.95. iShares MSCI Germany ETF has a 1-year low of $37.97 and a 1-year high of $44.65. The company has a 50-day moving average of $41.14 and a 200-day moving average of $41.91.

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). 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.