HighTower Advisors LLC Lowers Position in iShares MSCI Germany ETF (NYSEARCA:EWG)

HighTower Advisors LLC cut its stake in iShares MSCI Germany ETF (NYSEARCA:EWG) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 216,097 shares of the exchange traded fund’s stock after selling 1,744 shares during the period. HighTower Advisors LLC owned 0.71% of iShares MSCI Germany ETF worth $6,876,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Thrivent Financial for Lutherans lifted its holdings in shares of iShares MSCI Germany ETF by 1.5% during the third quarter. Thrivent Financial for Lutherans now owns 175,927 shares of the exchange traded fund’s stock valued at $5,953,000 after purchasing an additional 2,610 shares during the last quarter. Cypress Capital Group purchased a new position in shares of iShares MSCI Germany ETF during the third quarter valued at approximately $261,000. Dai ichi Life Holdings Inc. purchased a new position in shares of iShares MSCI Germany ETF during the third quarter valued at approximately $1,189,000. Centric Wealth Management purchased a new position in shares of iShares MSCI Germany ETF during the third quarter valued at approximately $204,000. Finally, Arizona PSPRS Trust purchased a new position in shares of iShares MSCI Germany ETF during the third quarter valued at approximately $1,922,000.

iShares MSCI Germany ETF Stock Performance

EWG stock opened at $39.31 on Wednesday. The firm has a 50 day moving average price of $35.52 and a 200-day moving average price of $33.55. iShares MSCI Germany ETF has a 52-week low of $29.28 and a 52-week high of $39.36. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 18.62 and a beta of 1.13.

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).