Tradewinds Capital Management LLC Sells 736,769 Shares of iShares MSCI Germany ETF $EWG

Tradewinds Capital Management LLC decreased its holdings in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 95.9% during the fourth quarter, HoldingsChannel reports. The fund owned 31,454 shares of the exchange traded fund’s stock after selling 736,769 shares during the quarter. Tradewinds Capital Management LLC’s holdings in iShares MSCI Germany ETF were worth $1,337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Hsbc Holdings PLC boosted its holdings in shares of iShares MSCI Germany ETF by 18.2% in the second quarter. Hsbc Holdings PLC now owns 3,883,513 shares of the exchange traded fund’s stock worth $164,311,000 after acquiring an additional 596,996 shares during the period. Bank of America Corp DE raised its stake in shares of iShares MSCI Germany ETF by 28.1% during the 3rd quarter. Bank of America Corp DE now owns 2,476,196 shares of the exchange traded fund’s stock valued at $103,035,000 after purchasing an additional 542,642 shares during the period. Optiver Holding B.V. lifted its holdings in iShares MSCI Germany ETF by 38.2% during the 3rd quarter. Optiver Holding B.V. now owns 811,941 shares of the exchange traded fund’s stock worth $33,785,000 after purchasing an additional 224,299 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares MSCI Germany ETF by 289.5% in the 3rd 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 during the period. Finally, Rice Partnership LLC boosted its stake in iShares MSCI Germany ETF by 62.9% in the 3rd quarter. Rice Partnership LLC now owns 654,001 shares of the exchange traded fund’s stock worth $27,213,000 after purchasing an additional 252,611 shares during the period. Hedge funds and other institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Down 1.5%

EWG stock opened at $38.08 on Friday. The stock has a 50-day simple moving average of $42.35 and a two-hundred day simple moving average of $41.87. iShares MSCI Germany ETF has a twelve month low of $32.82 and a twelve month high of $44.65. The firm has a market capitalization of $1.55 billion, a PE 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). 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.