Hsbc Holdings PLC Sells 51,099 Shares of iShares MSCI Germany ETF $EWG

Hsbc Holdings PLC trimmed its position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 60.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,855 shares of the exchange traded fund’s stock after selling 51,099 shares during the quarter. Hsbc Holdings PLC owned 0.08% of iShares MSCI Germany ETF worth $1,439,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of iShares MSCI Germany ETF by 28.1% during the third quarter. Bank of America Corp DE now owns 2,476,196 shares of the exchange traded fund’s stock valued at $103,035,000 after purchasing an additional 542,642 shares in the last quarter. Ameriprise Financial Inc. grew its position in iShares MSCI Germany ETF by 289.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 730,196 shares of the exchange traded fund’s stock worth $30,766,000 after purchasing an additional 542,708 shares in the last quarter. Rice Partnership LLC grew its position in iShares MSCI Germany ETF by 9.8% in the 4th quarter. Rice Partnership LLC now owns 718,167 shares of the exchange traded fund’s stock worth $30,522,000 after purchasing an additional 64,166 shares in the last quarter. Marshall Wace LLP increased its stake in 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 valued at $26,454,000 after buying an additional 527,589 shares during the last quarter. Finally, 3EDGE Asset Management LP increased its stake in iShares MSCI Germany ETF by 43.2% in the 4th quarter. 3EDGE Asset Management LP now owns 391,987 shares of the exchange traded fund’s stock valued at $16,757,000 after buying an additional 118,274 shares during the last quarter. Institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Up 1.1%

iShares MSCI Germany ETF stock opened at $41.37 on Wednesday. iShares MSCI Germany ETF has a 52 week low of $37.97 and a 52 week high of $44.65. The company’s 50 day moving average price is $42.22 and its two-hundred day moving average price is $42.24. The stock has a market cap of $1.41 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.