iShares MSCI Germany ETF (NYSEARCA:EWG) Sees Strong Trading Volume

iShares MSCI Germany ETF (NYSEARCA:EWG) shares saw strong trading volume on Wednesday . 1,199,015 shares changed hands during mid-day trading, a decline of 19% from the previous session’s volume of 1,471,541 shares.The stock last traded at $30.36 and had previously closed at $30.44.

iShares MSCI Germany ETF Trading Down 0.3 %

The firm has a 50-day simple moving average of $31.34 and a two-hundred day simple moving average of $30.49. The company has a market capitalization of $919.91 million, a price-to-earnings ratio of 14.47 and a beta of 0.91.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EWG. International Assets Investment Management LLC purchased a new position in iShares MSCI Germany ETF in the 4th quarter worth approximately $88,000. MeadowBrook Investment Advisors LLC purchased a new position in iShares MSCI Germany ETF in the 4th quarter worth approximately $93,000. Nisa Investment Advisors LLC lifted its stake in iShares MSCI Germany ETF by 32.2% in the 4th quarter. Nisa Investment Advisors LLC now owns 3,900 shares of the exchange traded fund’s stock worth $116,000 after purchasing an additional 950 shares in the last quarter. Global Retirement Partners LLC lifted its stake in iShares MSCI Germany ETF by 28.4% in the 4th quarter. Global Retirement Partners LLC now owns 6,395 shares of the exchange traded fund’s stock worth $183,000 after purchasing an additional 1,415 shares in the last quarter. Finally, Buffington Mohr McNeal acquired a new stake in shares of iShares MSCI Germany ETF during the 4th quarter worth approximately $220,000.

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).