JPMorgan Chase & Co. reduced its holdings in iShares MSCI Germany ETF (NYSEARCA:EWG – Free Report) by 43.0% during the third quarter, Holdings Channel reports. The firm owned 103,573 shares of the exchange traded fund’s stock after selling 78,058 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI Germany ETF were worth $4,310,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. CreativeOne Wealth LLC boosted its holdings in iShares MSCI Germany ETF by 5.0% during the third quarter. CreativeOne Wealth LLC now owns 5,957 shares of the exchange traded fund’s stock worth $248,000 after buying an additional 284 shares in the last quarter. Evergreen Capital Management LLC increased its holdings in shares of iShares MSCI Germany ETF by 2.5% in the third quarter. Evergreen Capital Management LLC now owns 12,346 shares of the exchange traded fund’s stock valued at $514,000 after buying an additional 305 shares in the last quarter. National Bank of Canada FI lifted its position in shares of iShares MSCI Germany ETF by 1.5% during the 3rd quarter. National Bank of Canada FI now owns 25,516 shares of the exchange traded fund’s stock valued at $1,062,000 after acquiring an additional 389 shares during the last quarter. Clear Harbor Asset Management LLC lifted its position in shares of iShares MSCI Germany ETF by 1.6% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 25,306 shares of the exchange traded fund’s stock valued at $1,053,000 after acquiring an additional 405 shares during the last quarter. Finally, Legacy Capital Group California Inc. boosted its stake in shares of iShares MSCI Germany ETF by 1.9% during the 3rd quarter. Legacy Capital Group California Inc. now owns 28,240 shares of the exchange traded fund’s stock worth $1,175,000 after acquiring an additional 533 shares in the last quarter. 53.42% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Germany ETF Stock Down 0.7%
Shares of NYSEARCA EWG opened at $39.90 on Friday. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 17.79 and a beta of 1.03. The stock’s fifty day simple moving average is $42.08 and its 200 day simple moving average is $41.82. iShares MSCI Germany ETF has a 52-week low of $32.82 and a 52-week high of $44.65.
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.
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