iShares MSCI Germany ETF (NYSEARCA:EWG) Share Price Pass Above Two Hundred Day Moving Average – What’s Next?

iShares MSCI Germany ETF (NYSEARCA:EWG)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $31.89 and traded as high as $32.31. iShares MSCI Germany ETF shares last traded at $32.30, with a volume of 518,336 shares traded.

iShares MSCI Germany ETF Price Performance

The company has a market capitalization of $981.72 million, a PE ratio of 14.47 and a beta of 0.91. The business’s 50 day simple moving average is $32.38 and its 200 day simple moving average is $31.90.

Institutional Investors Weigh In On iShares MSCI Germany ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EWG. Strategic Financial Concepts LLC lifted its holdings in shares of iShares MSCI Germany ETF by 2,984.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,054,793 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 1,020,599 shares during the last quarter. WestEnd Advisors LLC acquired a new position in iShares MSCI Germany ETF during the third quarter worth $50,000. Whittier Trust Co. boosted its position in shares of iShares MSCI Germany ETF by 38.5% during the third quarter. Whittier Trust Co. now owns 2,813 shares of the exchange traded fund’s stock worth $95,000 after buying an additional 782 shares during the period. Centric Wealth Management acquired a new stake in shares of iShares MSCI Germany ETF in the third quarter valued at $204,000. Finally, National Bank of Canada FI grew its stake in shares of iShares MSCI Germany ETF by 43.9% in the third quarter. National Bank of Canada FI now owns 6,224 shares of the exchange traded fund’s stock valued at $211,000 after buying an additional 1,900 shares in the last quarter.

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).