Trek Financial LLC Trims Holdings in iShares MSCI Germany ETF $EWG

Trek Financial LLC reduced its holdings in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 79.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,232 shares of the exchange traded fund’s stock after selling 24,684 shares during the period. Trek Financial LLC’s holdings in iShares MSCI Germany ETF were worth $259,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Berbice Capital Management LLC grew its holdings in shares of iShares MSCI Germany ETF by 60.0% during the second quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 300 shares during the last quarter. Allworth Financial LP lifted its position in iShares MSCI Germany ETF by 146.9% during the 2nd quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 501 shares during the period. Atlantic Union Bankshares Corp purchased a new position in shares of iShares MSCI Germany ETF in the 2nd quarter valued at approximately $37,000. Farther Finance Advisors LLC increased its holdings in shares of iShares MSCI Germany ETF by 140.5% in the second quarter. Farther Finance Advisors LLC now owns 974 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 569 shares during the period. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Germany ETF during the second quarter worth approximately $54,000. 53.42% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Price Performance

Shares of NYSEARCA EWG opened at $43.48 on Monday. The company has a market cap of $1.77 billion, a PE ratio of 17.79 and a beta of 1.03. The stock has a fifty day moving average price of $41.95 and a 200 day moving average price of $41.79. iShares MSCI Germany ETF has a 1-year low of $32.82 and a 1-year high of $43.89.

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). 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.