Idaho Trust Co Acquires 63,874 Shares of iShares MSCI Germany ETF $EWG

Idaho Trust Co bought a new position in iShares MSCI Germany ETF (NYSEARCA:EWG) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 63,874 shares of the exchange traded fund’s stock, valued at approximately $2,639,000. iShares MSCI Germany ETF comprises about 0.8% of Idaho Trust Co’s portfolio, making the stock its 29th biggest position. Idaho Trust Co owned approximately 0.17% of iShares MSCI Germany ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. StoneX Group Inc. purchased a new position in iShares MSCI Germany ETF in the 3rd quarter worth about $317,000. AlphaCentric Advisors LLC lifted its stake in iShares MSCI Germany ETF by 156.6% during the third quarter. AlphaCentric Advisors LLC now owns 3,865 shares of the exchange traded fund’s stock valued at $160,000 after buying an additional 2,359 shares in the last quarter. Commonwealth Equity Services LLC purchased a new stake in iShares MSCI Germany ETF during the third quarter valued at about $464,000. TSG Advice Partners LLC purchased a new stake in iShares MSCI Germany ETF during the third quarter valued at about $211,000. Finally, MeadowBrook Investment Advisors LLC purchased a new stake in iShares MSCI Germany ETF during the third quarter valued at about $105,000. 53.42% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Germany ETF Price Performance

Shares of EWG opened at $42.99 on Tuesday. iShares MSCI Germany ETF has a one year low of $37.97 and a one year high of $44.85. The company has a 50-day moving average of $42.08 and a two-hundred day moving average of $42.24. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 17.79 and a beta of 0.97.

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). 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.