Bearing Point Capital LLC Acquires Shares of 75,027 iShares MSCI Germany ETF $EWG

Bearing Point Capital LLC acquired a new stake in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 75,027 shares of the exchange traded fund’s stock, valued at approximately $3,189,000.

A number of other large investors also recently modified their holdings of the business. Bank of America Corp DE lifted its position in shares of iShares MSCI Germany ETF by 28.1% in the 3rd quarter. Bank of America Corp DE now owns 2,476,196 shares of the exchange traded fund’s stock worth $103,035,000 after buying an additional 542,642 shares during the last quarter. Optiver Holding B.V. increased its stake in iShares MSCI Germany ETF by 38.2% during the 3rd quarter. Optiver Holding B.V. now owns 811,941 shares of the exchange traded fund’s stock valued at $33,785,000 after buying an additional 224,299 shares during the period. Ameriprise Financial Inc. increased its stake in iShares MSCI Germany ETF by 289.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 730,196 shares of the exchange traded fund’s stock valued at $30,766,000 after buying an additional 542,708 shares during the period. Rice Partnership LLC grew its stake in shares of iShares MSCI Germany ETF by 62.9% in the 3rd quarter. Rice Partnership LLC now owns 654,001 shares of the exchange traded fund’s stock worth $27,213,000 after purchasing an additional 252,611 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in shares of iShares MSCI Germany ETF by 487.7% in the 3rd quarter. Marshall Wace LLP now owns 635,765 shares of the exchange traded fund’s stock worth $26,454,000 after purchasing an additional 527,589 shares during the last quarter. 53.42% of the stock is currently owned by institutional investors.

iShares MSCI Germany ETF Price Performance

Shares of EWG opened at $43.43 on Friday. The firm’s 50 day moving average is $41.57 and its 200-day moving average is $42.04. The stock has a market capitalization of $1.49 billion, a P/E ratio of 17.79 and a beta of 0.95. iShares MSCI Germany ETF has a 12-month low of $37.97 and a 12-month high of $44.65.

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.