Allspring Global Investments Holdings LLC Reduces Stake in iShares MSCI Germany ETF $EWG

Allspring Global Investments Holdings LLC cut its stake in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 41.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 218,839 shares of the exchange traded fund’s stock after selling 157,747 shares during the period. Allspring Global Investments Holdings LLC owned 0.64% of iShares MSCI Germany ETF worth $8,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP raised its holdings in iShares MSCI Germany ETF by 88.9% during the 4th quarter. Allworth Financial LP now owns 646 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 304 shares during the period. MV Capital Management Inc. bought a new position in iShares MSCI Germany ETF during the fourth quarter valued at $28,000. JPL Wealth Management LLC bought a new position in iShares MSCI Germany ETF during the third quarter valued at $28,000. Geneos Wealth Management Inc. purchased a new stake in shares of iShares MSCI Germany ETF in the fourth quarter valued at $31,000. Finally, EFG International AG purchased a new stake in shares of iShares MSCI Germany ETF in the fourth quarter valued at $36,000. 53.42% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Trading Down 0.0%

iShares MSCI Germany ETF stock opened at $41.31 on Thursday. iShares MSCI Germany ETF has a 12-month low of $37.97 and a 12-month high of $44.65. The firm has a 50-day moving average price of $41.98 and a 200-day moving average price of $42.15. The firm has a market capitalization of $1.51 billion, a PE ratio of 17.79 and a beta of 0.95.

About iShares MSCI Germany ETF

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.