MeadowBrook Investment Advisors LLC Makes New Investment in iShares MSCI Germany ETF (NYSEARCA:EWG)

MeadowBrook Investment Advisors LLC purchased a new position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,146 shares of the exchange traded fund’s stock, valued at approximately $93,000.

Other hedge funds also recently modified their holdings of the company. Buffington Mohr McNeal bought a new position in iShares MSCI Germany ETF in the fourth quarter valued at approximately $220,000. Boothe Investment Group Inc. boosted its stake in iShares MSCI Germany ETF by 1.4% in the fourth quarter. Boothe Investment Group Inc. now owns 54,098 shares of the exchange traded fund’s stock valued at $1,606,000 after acquiring an additional 742 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in iShares MSCI Germany ETF by 15.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 627,404 shares of the exchange traded fund’s stock valued at $18,628,000 after acquiring an additional 83,459 shares during the last quarter. Investment Partners Asset Management Inc. bought a new position in shares of iShares MSCI Germany ETF during the fourth quarter worth $226,000. Finally, Nisa Investment Advisors LLC boosted its position in shares of iShares MSCI Germany ETF by 32.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 3,900 shares of the exchange traded fund’s stock worth $116,000 after purchasing an additional 950 shares in the last quarter.

iShares MSCI Germany ETF Stock Up 1.0 %

EWG traded up $0.32 during trading on Monday, hitting $31.27. The company had a trading volume of 762,874 shares, compared to its average volume of 1,653,548. iShares MSCI Germany ETF has a one year low of $24.70 and a one year high of $31.97. The firm’s 50-day moving average price is $30.96 and its 200 day moving average price is $29.28. The company has a market capitalization of $947.48 million, a PE ratio of 14.47 and a beta of 0.91.

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).