3EDGE Asset Management LP Has $11.31 Million Position in iShares MSCI Germany ETF $EWG

3EDGE Asset Management LP increased its position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 144.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 273,713 shares of the exchange traded fund’s stock after purchasing an additional 161,866 shares during the period. iShares MSCI Germany ETF makes up about 0.6% of 3EDGE Asset Management LP’s portfolio, making the stock its 26th biggest holding. 3EDGE Asset Management LP owned approximately 0.56% of iShares MSCI Germany ETF worth $11,308,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EWG. Dynamic Wealth Strategies LLC bought a new position in iShares MSCI Germany ETF during the 3rd quarter valued at about $718,000. ABC Arbitrage SA boosted its position in shares of iShares MSCI Germany ETF by 37.2% during the second quarter. ABC Arbitrage SA now owns 71,155 shares of the exchange traded fund’s stock valued at $3,011,000 after buying an additional 19,294 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of iShares MSCI Germany ETF by 39.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 376,936 shares of the exchange traded fund’s stock valued at $15,684,000 after buying an additional 107,203 shares during the period. Picton Mahoney Asset Management raised its holdings in shares of iShares MSCI Germany ETF by 70.2% in the second quarter. Picton Mahoney Asset Management now owns 637,361 shares of the exchange traded fund’s stock worth $26,966,000 after buying an additional 262,930 shares during the period. Finally, Lido Advisors LLC bought a new stake in shares of iShares MSCI Germany ETF during the 2nd quarter worth approximately $2,159,000. 53.42% of the stock is currently owned by institutional investors.

iShares MSCI Germany ETF Price Performance

Shares of EWG opened at $43.10 on Friday. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 17.79 and a beta of 1.03. iShares MSCI Germany ETF has a 1-year low of $32.82 and a 1-year high of $43.89. The company has a 50-day moving average of $41.90 and a 200 day moving average of $41.80.

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.