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

Allspring Global Investments Holdings LLC lifted its stake in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 39.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 376,936 shares of the exchange traded fund’s stock after acquiring an additional 107,203 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares MSCI Germany ETF were worth $15,684,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of EWG. Berbice Capital Management LLC increased its position in iShares MSCI Germany ETF by 60.0% during the second quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 300 shares during the last quarter. Allworth Financial LP boosted its holdings in iShares MSCI Germany ETF by 146.9% in the 2nd quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 501 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of iShares MSCI Germany ETF in the 2nd quarter valued at approximately $37,000. Farther Finance Advisors LLC increased its holdings in shares of 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 during the last quarter. Finally, Salem Investment Counselors Inc. purchased a new stake in shares of iShares MSCI Germany ETF during the 2nd quarter valued at approximately $42,000. Hedge funds and other institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Performance

Shares of iShares MSCI Germany ETF stock opened at $42.56 on Monday. The stock has a 50 day moving average of $41.28 and a 200 day moving average of $41.64. 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 fifty-two week low of $31.49 and a fifty-two week high of $43.31.

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.