iShares MSCI Germany ETF (NYSEARCA:EWG) Reaches New 1-Year High – Here’s Why

iShares MSCI Germany ETF (NYSEARCA:EWG)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $36.82 and last traded at $36.80, with a volume of 3023 shares. The stock had previously closed at $36.42.

iShares MSCI Germany ETF Trading Up 0.4 %

The company has a market cap of $1.10 billion, a P/E ratio of 14.47 and a beta of 0.91. The business’s fifty day moving average is $33.54 and its 200 day moving average is $32.71.

Institutional Investors Weigh In On iShares MSCI Germany ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dai ichi Life Holdings Inc. bought a new stake in iShares MSCI Germany ETF during the 3rd quarter valued at $1,189,000. Main Management ETF Advisors LLC raised its holdings in iShares MSCI Germany ETF by 14.2% during the 3rd quarter. Main Management ETF Advisors LLC now owns 263,660 shares of the exchange traded fund’s stock valued at $8,922,000 after acquiring an additional 32,865 shares during the period. WestEnd Advisors LLC bought a new stake in iShares MSCI Germany ETF during the 3rd quarter valued at $50,000. Wellington Management Group LLP raised its holdings in iShares MSCI Germany ETF by 6.4% during the 3rd quarter. Wellington Management Group LLP now owns 178,435 shares of the exchange traded fund’s stock valued at $6,038,000 after acquiring an additional 10,741 shares during the period. Finally, Mount Lucas Management LP raised its holdings in iShares MSCI Germany ETF by 3.1% during the 3rd quarter. Mount Lucas Management LP now owns 23,271 shares of the exchange traded fund’s stock valued at $787,000 after acquiring an additional 703 shares during the period.

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).