iShares MSCI Germany ETF $EWG Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. reduced its holdings in iShares MSCI Germany ETF (NYSEARCA:EWG) by 76.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,566 shares of the exchange traded fund’s stock after selling 21,404 shares during the quarter. Cibc World Market Inc.’s holdings in iShares MSCI Germany ETF were worth $273,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Dynamic Wealth Strategies LLC acquired a new stake in iShares MSCI Germany ETF in the third quarter worth approximately $718,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares MSCI Germany ETF in the 3rd quarter worth $534,000. ABC Arbitrage SA lifted its holdings in shares of iShares MSCI Germany ETF by 37.2% in 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. 3EDGE Asset Management LP lifted its holdings in shares of iShares MSCI Germany ETF by 144.7% in the third quarter. 3EDGE Asset Management LP now owns 273,713 shares of the exchange traded fund’s stock valued at $11,308,000 after buying an additional 161,866 shares during the period. Finally, Lido Advisors LLC bought a new position in iShares MSCI Germany ETF during the second quarter valued at about $2,159,000. Institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Trading Down 0.5%

Shares of iShares MSCI Germany ETF stock opened at $43.88 on Friday. iShares MSCI Germany ETF has a 52 week low of $32.82 and a 52 week high of $44.62. The stock has a market cap of $1.79 billion, a PE ratio of 17.79 and a beta of 1.03. The company’s 50-day moving average price is $43.16 and its two-hundred day moving average price is $42.01.

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.