iShares MSCI Germany ETF $EWG Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 40.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 41,737 shares of the exchange traded fund’s stock after acquiring an additional 12,084 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.10% of iShares MSCI Germany ETF worth $1,774,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its position in iShares MSCI Germany ETF by 8.0% during the 4th quarter. Fisher Asset Management LLC now owns 5,227 shares of the exchange traded fund’s stock worth $222,000 after acquiring an additional 388 shares during the period. BlueStem Wealth Partners LLC lifted its position in iShares MSCI Germany ETF by 7.1% during the 4th quarter. BlueStem Wealth Partners LLC now owns 85,169 shares of the exchange traded fund’s stock worth $3,620,000 after acquiring an additional 5,624 shares during the period. 3EDGE Asset Management LP lifted its position in iShares MSCI Germany ETF by 43.2% during the 4th quarter. 3EDGE Asset Management LP now owns 391,987 shares of the exchange traded fund’s stock worth $16,757,000 after acquiring an additional 118,274 shares during the period. HighTower Advisors LLC lifted its position in iShares MSCI Germany ETF by 1.7% during the 4th quarter. HighTower Advisors LLC now owns 194,279 shares of the exchange traded fund’s stock worth $8,257,000 after acquiring an additional 3,320 shares during the period. Finally, Everstar Asset Management LLC acquired a new stake in iShares MSCI Germany ETF during the 4th quarter worth about $369,000. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Performance

Shares of EWG opened at $42.11 on Friday. The stock has a 50-day moving average of $41.96 and a two-hundred day moving average of $42.11. iShares MSCI Germany ETF has a one year low of $37.97 and a one year 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.

iShares MSCI Germany ETF 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.