iShares MSCI Germany ETF (NYSEARCA:EWG) Sees Strong Trading Volume

iShares MSCI Germany ETF (NYSEARCA:EWG) shares saw strong trading volume on Wednesday . 1,199,015 shares were traded during mid-day trading, a decline of 19% from the previous session’s volume of 1,471,541 shares.The stock last traded at $30.36 and had previously closed at $30.44.

iShares MSCI Germany ETF Price Performance

The firm has a 50 day simple moving average of $31.34 and a 200-day simple moving average of $30.49. The stock has a market capitalization of $919.91 million, a price-to-earnings ratio of 14.47 and a beta of 0.91.

Hedge Funds Weigh In On iShares MSCI Germany ETF

Hedge funds have recently added to or reduced their stakes in the company. Morningstar Investment Services LLC grew its position in shares of iShares MSCI Germany ETF by 97.2% during the 4th quarter. Morningstar Investment Services LLC now owns 732,063 shares of the exchange traded fund’s stock worth $21,713,000 after buying an additional 360,774 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of iShares MSCI Germany ETF by 15.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 627,404 shares of the exchange traded fund’s stock worth $18,628,000 after buying an additional 83,459 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares MSCI Germany ETF by 54.2% during the 3rd quarter. LPL Financial LLC now owns 444,602 shares of the exchange traded fund’s stock valued at $11,649,000 after purchasing an additional 156,219 shares in the last quarter. Principal Securities Inc. bought a new position in shares of iShares MSCI Germany ETF during the 4th quarter valued at about $8,156,000. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of iShares MSCI Germany ETF by 69,918.4% during the 3rd quarter. Qube Research & Technologies Ltd now owns 193,951 shares of the exchange traded fund’s stock valued at $5,082,000 after purchasing an additional 193,674 shares in the last quarter.

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).