Citigroup Inc. Buys 77,108 Shares of iShares MSCI Germany ETF $EWG

Citigroup Inc. grew its stake in iShares MSCI Germany ETF (NYSEARCA:EWG) by 65.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 194,663 shares of the exchange traded fund’s stock after acquiring an additional 77,108 shares during the quarter. Citigroup Inc. owned 0.40% of iShares MSCI Germany ETF worth $8,100,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Hsbc Holdings PLC raised its position in shares of iShares MSCI Germany ETF by 18.2% in the 2nd quarter. Hsbc Holdings PLC now owns 3,883,513 shares of the exchange traded fund’s stock worth $164,311,000 after purchasing an additional 596,996 shares during the last quarter. Bank of America Corp DE increased its stake in iShares MSCI Germany ETF by 291.7% during the 2nd quarter. Bank of America Corp DE now owns 1,933,554 shares of the exchange traded fund’s stock valued at $81,809,000 after purchasing an additional 1,439,864 shares in the last quarter. Bank of Montreal Can raised its holdings in iShares MSCI Germany ETF by 102.3% in the second quarter. Bank of Montreal Can now owns 1,275,097 shares of the exchange traded fund’s stock worth $53,949,000 after buying an additional 644,647 shares during the last quarter. Tradewinds Capital Management LLC lifted its stake in shares of iShares MSCI Germany ETF by 3.8% in the third quarter. Tradewinds Capital Management LLC now owns 768,223 shares of the exchange traded fund’s stock worth $31,966,000 after buying an additional 28,228 shares in the last quarter. Finally, Picton Mahoney Asset Management grew its holdings in shares of iShares MSCI Germany ETF by 70.2% during the second quarter. Picton Mahoney Asset Management now owns 637,361 shares of the exchange traded fund’s stock valued at $26,966,000 after buying an additional 262,930 shares during the last quarter. 53.42% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Stock Down 0.5%

Shares of EWG opened at $44.34 on Monday. iShares MSCI Germany ETF has a twelve month low of $32.82 and a twelve month high of $44.65. The company has a market capitalization of $1.81 billion, a P/E ratio of 17.79 and a beta of 1.03. The firm has a 50 day moving average of $43.43 and a 200 day moving average of $42.11.

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). 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.