Avestar Capital LLC Acquires New Position in iShares MSCI Germany ETF $EWG

Avestar Capital LLC bought a new position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,794 shares of the exchange traded fund’s stock, valued at approximately $584,000.

A number of other large investors have also recently modified their holdings of EWG. AlphaCore Capital LLC acquired a new position in shares of iShares MSCI Germany ETF during the 1st quarter worth $32,000. Berbice Capital Management LLC boosted its stake in iShares MSCI Germany ETF by 60.0% in the second quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 300 shares in the last quarter. Allworth Financial LP grew its position in iShares MSCI Germany ETF by 146.9% in the second quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 501 shares during the last quarter. Stone House Investment Management LLC acquired a new position in iShares MSCI Germany ETF during the first quarter worth about $37,000. Finally, Atlantic Union Bankshares Corp acquired a new position in iShares MSCI Germany ETF during the second quarter worth about $37,000. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Trading Up 0.7%

EWG opened at $41.41 on Monday. The company has a market cap of $2.02 billion, a P/E ratio of 17.79 and a beta of 1.03. The company’s 50 day moving average is $41.12 and its 200-day moving average is $41.58. iShares MSCI Germany ETF has a 1-year low of $31.49 and a 1-year high of $43.31.

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).