iShares MSCI Germany ETF $EWG Shares Acquired by 3EDGE Asset Management LP

3EDGE Asset Management LP lifted its stake in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 144.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 273,713 shares of the exchange traded fund’s stock after acquiring an additional 161,866 shares during the period. iShares MSCI Germany ETF accounts for about 0.6% of 3EDGE Asset Management LP’s investment portfolio, making the stock its 26th largest position. 3EDGE Asset Management LP’s holdings in iShares MSCI Germany ETF were worth $11,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC bought a new stake in iShares MSCI Germany ETF in the first quarter worth about $65,000. Jones Financial Companies Lllp lifted its stake in iShares MSCI Germany ETF by 3,443.5% during the first quarter. Jones Financial Companies Lllp now owns 19,489 shares of the exchange traded fund’s stock valued at $723,000 after purchasing an additional 18,939 shares during the last quarter. Empowered Funds LLC acquired a new stake in iShares MSCI Germany ETF during the first quarter valued at approximately $1,497,000. Focus Partners Wealth bought a new stake in iShares MSCI Germany ETF during the first quarter worth approximately $288,000. Finally, Rhumbline Advisers grew its position in iShares MSCI Germany ETF by 164.3% in the first quarter. Rhumbline Advisers now owns 3,105 shares of the exchange traded fund’s stock worth $115,000 after buying an additional 1,930 shares during the last quarter. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Trading Up 0.7%

NYSEARCA EWG opened at $43.10 on Friday. iShares MSCI Germany ETF has a 1 year low of $32.82 and a 1 year high of $43.89. The stock’s 50-day moving average price is $41.90 and its two-hundred day moving average price is $41.80. The company has a market cap of $1.76 billion, a PE ratio of 17.79 and a beta of 1.03.

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.