Strategic Financial Partners Ltd. Makes New $1.80 Million Investment in iShares MSCI Germany ETF $EWG

Strategic Financial Partners Ltd. bought a new stake in iShares MSCI Germany ETF (NYSEARCA:EWG) during the 3rd quarter, Holdings Channel reports. The firm bought 43,228 shares of the exchange traded fund’s stock, valued at approximately $1,799,000. iShares MSCI Germany ETF accounts for about 0.8% of Strategic Financial Partners Ltd.’s investment portfolio, making the stock its 27th largest holding.

Several other hedge funds have also added to or reduced their stakes in EWG. Berbice Capital Management LLC raised its stake in iShares MSCI Germany ETF by 60.0% in the second quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 300 shares in the last quarter. Evergreen Capital Management LLC lifted its holdings in shares of iShares MSCI Germany ETF by 2.5% during the 3rd quarter. Evergreen Capital Management LLC now owns 12,346 shares of the exchange traded fund’s stock worth $514,000 after acquiring an additional 305 shares during the period. Clear Harbor Asset Management LLC lifted its holdings in shares of iShares MSCI Germany ETF by 1.6% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 25,306 shares of the exchange traded fund’s stock worth $1,053,000 after acquiring an additional 405 shares during the period. Allworth Financial LP boosted its position in shares of iShares MSCI Germany ETF by 146.9% during the 2nd quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 501 shares in the last quarter. Finally, Global Retirement Partners LLC increased its stake in iShares MSCI Germany ETF by 6.2% in the third quarter. Global Retirement Partners LLC now owns 9,581 shares of the exchange traded fund’s stock valued at $399,000 after acquiring an additional 558 shares during the last quarter. 53.42% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Germany ETF Stock Performance

Shares of NYSEARCA EWG opened at $44.22 on Wednesday. The firm has a 50 day moving average price of $42.82 and a two-hundred day moving average price of $41.89. The stock has a market cap of $1.80 billion, a P/E ratio of 17.79 and a beta of 1.03. iShares MSCI Germany ETF has a 52-week low of $32.82 and a 52-week high of $44.42.

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.