Next Capital Management LLC Has $486,000 Stake in iShares MSCI Germany ETF $EWG

Next Capital Management LLC grew its holdings in iShares MSCI Germany ETF (NYSEARCA:EWG) by 59.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,475 shares of the exchange traded fund’s stock after purchasing an additional 4,300 shares during the quarter. Next Capital Management LLC’s holdings in iShares MSCI Germany ETF were worth $486,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in EWG. Hsbc Holdings PLC lifted its position in shares of 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 last quarter. New Vernon Capital Holdings II LLC bought a new position in iShares MSCI Germany ETF in the 1st quarter worth approximately $57,326,000. Envestnet Asset Management Inc. lifted 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. Bank of Montreal Can lifted its holdings in shares of iShares MSCI Germany ETF by 102.3% during the second quarter. Bank of Montreal Can now owns 1,275,097 shares of the exchange traded fund’s stock worth $53,949,000 after buying an additional 644,647 shares during the last quarter. Finally, HITE Hedge Asset Management LLC bought a new stake in shares of iShares MSCI Germany ETF in the first quarter valued at approximately $18,186,000. 53.42% of the stock is currently owned by institutional investors.

iShares MSCI Germany ETF Trading Up 0.4%

Shares of iShares MSCI Germany ETF stock opened at $40.91 on Tuesday. iShares MSCI Germany ETF has a 1 year low of $31.03 and a 1 year high of $43.31. The company’s fifty day simple moving average is $41.55 and its 200-day simple moving average is $41.48. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 17.79 and a beta of 1.03.

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).