iShares MSCI Germany ETF $EWG Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its holdings in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 43.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 103,573 shares of the exchange traded fund’s stock after selling 78,058 shares during the period. JPMorgan Chase & Co. owned approximately 0.21% of iShares MSCI Germany ETF worth $4,310,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE increased its position in iShares MSCI Germany ETF by 291.7% in the 2nd quarter. Bank of America Corp DE now owns 1,933,554 shares of the exchange traded fund’s stock valued at $81,809,000 after acquiring an additional 1,439,864 shares during the period. Ameriprise Financial Inc. grew its stake in shares of iShares MSCI Germany ETF by 289.5% in the third quarter. Ameriprise Financial Inc. now owns 730,196 shares of the exchange traded fund’s stock worth $30,766,000 after purchasing an additional 542,708 shares in the last quarter. Marshall Wace LLP grew its stake in shares of iShares MSCI Germany ETF by 487.7% in the third quarter. Marshall Wace LLP now owns 635,765 shares of the exchange traded fund’s stock worth $26,454,000 after purchasing an additional 527,589 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of iShares MSCI Germany ETF during the second quarter valued at $13,721,000. Finally, Rice Partnership LLC increased its holdings in shares of iShares MSCI Germany ETF by 62.9% during the third quarter. Rice Partnership LLC now owns 654,001 shares of the exchange traded fund’s stock valued at $27,213,000 after purchasing an additional 252,611 shares during the period. 53.42% of the stock is owned by institutional investors.

iShares MSCI Germany ETF Stock Down 0.7%

Shares of NYSEARCA EWG opened at $39.90 on Friday. The stock has a market cap of $1.63 billion, a P/E ratio of 17.79 and a beta of 1.03. The firm’s 50-day simple moving average is $42.08 and its 200 day simple moving average is $41.82. iShares MSCI Germany ETF has a fifty-two week low of $32.82 and a fifty-two week high of $44.65.

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.