Advocacy Wealth Management Services LLC Invests $1.58 Million in iShares MSCI Germany ETF $EWG

Advocacy Wealth Management Services LLC purchased a new position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 37,254 shares of the exchange traded fund’s stock, valued at approximately $1,576,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EWG. Viewpoint Capital Management LLC boosted its stake in iShares MSCI Germany ETF by 0.7% in the second quarter. Viewpoint Capital Management LLC now owns 43,027 shares of the exchange traded fund’s stock worth $1,820,000 after purchasing an additional 281 shares in the last quarter. Donald L. Hagan LLC raised its holdings in shares of iShares MSCI Germany ETF by 7.0% in the second quarter. Donald L. Hagan LLC now owns 5,855 shares of the exchange traded fund’s stock valued at $248,000 after buying an additional 381 shares during the last quarter. Allworth Financial LP raised its holdings in shares of iShares MSCI Germany ETF by 146.9% in the second quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 501 shares during the last quarter. Farther Finance Advisors LLC lifted its position in iShares MSCI Germany ETF by 140.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 974 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 569 shares in the last quarter. Finally, Monument Capital Management grew its holdings in iShares MSCI Germany ETF by 0.7% during the 2nd quarter. Monument Capital Management now owns 86,901 shares of the exchange traded fund’s stock worth $3,677,000 after acquiring an additional 626 shares during the last quarter. 53.42% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Germany ETF Trading Up 0.8%

EWG opened at $40.92 on Monday. iShares MSCI Germany ETF has a 1-year low of $31.49 and a 1-year high of $43.31. The stock has a market capitalization of $2.00 billion, a PE ratio of 17.79 and a beta of 1.03. The firm has a 50-day moving average price of $41.13 and a two-hundred day moving average price of $41.59.

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).