RiverFront Investment Group LLC Lowers Stock Holdings in iShares MSCI Germany ETF (NYSEARCA:EWG)

RiverFront Investment Group LLC lowered its stake in iShares MSCI Germany ETF (NYSEARCA:EWG) by 4.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,801 shares of the exchange traded fund’s stock after selling 3,987 shares during the quarter. RiverFront Investment Group LLC owned about 0.13% of iShares MSCI Germany ETF worth $2,280,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of EWG. Tradewinds Capital Management LLC lifted its stake in iShares MSCI Germany ETF by 2,935.3% in the 3rd quarter. Tradewinds Capital Management LLC now owns 1,019,027 shares of the exchange traded fund’s stock worth $26,699,000 after purchasing an additional 985,455 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of iShares MSCI Germany ETF by 69,918.4% in the 3rd quarter. Qube Research & Technologies Ltd now owns 193,951 shares of the exchange traded fund’s stock worth $5,082,000 after buying an additional 193,674 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares MSCI Germany ETF by 54.2% in the 3rd quarter. LPL Financial LLC now owns 444,602 shares of the exchange traded fund’s stock worth $11,649,000 after buying an additional 156,219 shares during the last quarter. American Trust bought a new stake in shares of iShares MSCI Germany ETF in the 3rd quarter worth about $3,263,000. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of iShares MSCI Germany ETF by 15.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 627,404 shares of the exchange traded fund’s stock worth $18,628,000 after buying an additional 83,459 shares during the last quarter.

iShares MSCI Germany ETF Price Performance

Shares of iShares MSCI Germany ETF stock traded up $0.27 during trading hours on Friday, reaching $30.96. The company’s stock had a trading volume of 834,867 shares, compared to its average volume of 1,668,148. The firm has a 50 day moving average price of $30.88 and a 200-day moving average price of $29.09. iShares MSCI Germany ETF has a one year low of $24.70 and a one year high of $31.97. The stock has a market cap of $1.00 billion, a P/E ratio of 14.03 and a beta of 0.87.

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).