Allspring Global Investments Holdings LLC Sells 157,747 Shares of iShares MSCI Germany ETF $EWG

Allspring Global Investments Holdings LLC cut its stake in iShares MSCI Germany ETF (NYSEARCA:EWG) by 41.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 218,839 shares of the exchange traded fund’s stock after selling 157,747 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares MSCI Germany ETF were worth $8,681,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in EWG. Fifth Third Bancorp bought a new position in iShares MSCI Germany ETF in the 1st quarter worth about $164,000. Hsbc Holdings PLC raised its stake in shares of iShares MSCI Germany ETF by 2.1% during the first quarter. Hsbc Holdings PLC now owns 34,558 shares of the exchange traded fund’s stock valued at $1,371,000 after acquiring an additional 703 shares in the last quarter. James Investment Research Inc. raised its stake in shares of iShares MSCI Germany ETF by 2.7% during the first quarter. James Investment Research Inc. now owns 19,027 shares of the exchange traded fund’s stock valued at $755,000 after acquiring an additional 500 shares in the last quarter. Ameliora Wealth Management Ltd. boosted its holdings in shares of iShares MSCI Germany ETF by 16.0% in the first quarter. Ameliora Wealth Management Ltd. now owns 124,387 shares of the exchange traded fund’s stock valued at $4,934,000 after purchasing an additional 17,178 shares during the period. Finally, Barry Investment Advisors LLC boosted its holdings in shares of iShares MSCI Germany ETF by 5.0% in the first quarter. Barry Investment Advisors LLC now owns 25,545 shares of the exchange traded fund’s stock valued at $1,013,000 after purchasing an additional 1,224 shares during the period. Hedge funds and other institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Down 0.0%

Shares of NYSEARCA:EWG opened at $41.31 on Thursday. iShares MSCI Germany ETF has a 52-week low of $37.97 and a 52-week high of $44.65. The business’s 50 day moving average is $41.98 and its 200 day moving average is $42.15. The stock has a market cap of $1.51 billion, a P/E ratio of 17.79 and a beta of 0.95.

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.