Ameliora Wealth Management Ltd. Increases Stake in iShares MSCI Germany ETF $EWG

Ameliora Wealth Management Ltd. grew its holdings in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 16.0% during the 1st quarter, HoldingsChannel reports. The firm owned 124,387 shares of the exchange traded fund’s stock after buying an additional 17,178 shares during the period. iShares MSCI Germany ETF comprises approximately 1.6% of Ameliora Wealth Management Ltd.’s holdings, making the stock its 17th biggest position. Ameliora Wealth Management Ltd.’s holdings in iShares MSCI Germany ETF were worth $4,934,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. NewEdge Advisors LLC purchased a new position in iShares MSCI Germany ETF in the 1st quarter worth approximately $65,000. Jones Financial Companies Lllp lifted its position 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 worth $723,000 after buying an additional 18,939 shares in the last quarter. Empowered Funds LLC acquired a new position in iShares MSCI Germany ETF during the first quarter worth $1,497,000. Focus Partners Wealth acquired a new position in iShares MSCI Germany ETF during the first quarter worth $288,000. Finally, Rhumbline Advisers grew its holdings in iShares MSCI Germany ETF by 164.3% in the 1st quarter. Rhumbline Advisers now owns 3,105 shares of the exchange traded fund’s stock valued at $115,000 after buying an additional 1,930 shares in the last quarter. Hedge funds and other institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Up 0.7%

Shares of EWG opened at $40.93 on Tuesday. iShares MSCI Germany ETF has a 52-week low of $37.97 and a 52-week high of $44.65. The company has a market capitalization of $1.40 billion, a PE ratio of 17.79 and a beta of 0.95. The stock has a fifty day simple moving average of $42.26 and a two-hundred day simple moving average of $42.24.

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.