ABC Arbitrage SA Reduces Holdings in iShares MSCI Germany ETF $EWG

ABC Arbitrage SA lowered its position in iShares MSCI Germany ETF (NYSEARCA:EWG) by 80.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,101 shares of the exchange traded fund’s stock after selling 57,054 shares during the period. ABC Arbitrage SA’s holdings in iShares MSCI Germany ETF were worth $587,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Berbice Capital Management LLC lifted its stake in shares of 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 worth $34,000 after buying an additional 300 shares in the last quarter. Allworth Financial LP lifted its position in iShares MSCI Germany ETF by 146.9% during the second quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 501 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in iShares MSCI Germany ETF during the second quarter valued at approximately $37,000. Laurel Wealth Advisors LLC purchased a new position in shares of iShares MSCI Germany ETF in the second quarter valued at about $54,000. Finally, North Capital Inc. lifted its holdings in iShares MSCI Germany ETF by 107.1% in the 2nd quarter. North Capital Inc. now owns 1,450 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 750 shares in the last quarter. 53.42% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Stock Down 0.4%

Shares of iShares MSCI Germany ETF stock opened at $44.05 on Thursday. The business has a 50-day moving average price of $42.88 and a 200-day moving average price of $41.91. iShares MSCI Germany ETF has a twelve month low of $32.82 and a twelve month high of $44.42. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 17.79 and a beta of 1.03.

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). The Index seeks to measure the performance of the Germany equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.