Advocacy Wealth Management Services LLC Invests $1.58 Million in iShares MSCI Germany ETF $EWG

Advocacy Wealth Management Services LLC bought a new stake in iShares MSCI Germany ETF (NYSEARCA:EWG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 37,254 shares of the exchange traded fund’s stock, valued at approximately $1,576,000. Advocacy Wealth Management Services LLC owned 0.05% of iShares MSCI Germany ETF as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Cetera Investment Advisers acquired a new stake in iShares MSCI Germany ETF during the first quarter valued at approximately $2,421,000. LPL Financial LLC raised its holdings in shares of iShares MSCI Germany ETF by 120.7% in the 1st quarter. LPL Financial LLC now owns 432,758 shares of the exchange traded fund’s stock worth $16,047,000 after buying an additional 236,666 shares in the last quarter. Legacy Capital Group California Inc. lifted its position in shares of iShares MSCI Germany ETF by 7.3% during the 1st quarter. Legacy Capital Group California Inc. now owns 26,725 shares of the exchange traded fund’s stock worth $991,000 after buying an additional 1,815 shares during the period. AlphaCore Capital LLC acquired a new stake in iShares MSCI Germany ETF in the 1st quarter valued at $32,000. Finally, National Bank of Canada FI grew its position in iShares MSCI Germany ETF by 229.4% in the first quarter. National Bank of Canada FI now owns 22,695 shares of the exchange traded fund’s stock valued at $841,000 after acquiring an additional 15,806 shares during the period. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Price Performance

iShares MSCI Germany ETF stock opened at $40.92 on Monday. The firm has a market capitalization of $2.00 billion, a P/E ratio of 17.79 and a beta of 1.03. The stock has a fifty day moving average price of $41.13 and a two-hundred day moving average price of $41.59. iShares MSCI Germany ETF has a 52-week low of $31.49 and a 52-week high of $43.31.

iShares MSCI Germany ETF 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).