Principal Securities Inc. Has $7.85 Million Holdings in iShares MSCI Germany ETF (NYSEARCA:EWG)

Principal Securities Inc. raised its stake in iShares MSCI Germany ETF (NYSEARCA:EWG) by 4.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 246,828 shares of the exchange traded fund’s stock after buying an additional 9,629 shares during the period. Principal Securities Inc.’s holdings in iShares MSCI Germany ETF were worth $7,854,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. WestEnd Advisors LLC acquired a new stake in shares of iShares MSCI Germany ETF in the 3rd quarter valued at approximately $50,000. Wilmington Savings Fund Society FSB acquired a new stake in iShares MSCI Germany ETF in the fourth quarter worth $62,000. Whittier Trust Co. boosted its position in shares of iShares MSCI Germany ETF by 38.5% during the third quarter. Whittier Trust Co. now owns 2,813 shares of the exchange traded fund’s stock worth $95,000 after purchasing an additional 782 shares in the last quarter. Ameliora Wealth Management Ltd. acquired a new position in shares of iShares MSCI Germany ETF in the 4th quarter valued at $95,000. Finally, Centric Wealth Management acquired a new stake in iShares MSCI Germany ETF during the 3rd quarter worth $204,000.

iShares MSCI Germany ETF Price Performance

Shares of iShares MSCI Germany ETF stock opened at $36.42 on Friday. The company has a market capitalization of $1.10 billion, a P/E ratio of 14.47 and a beta of 0.91. The business has a 50-day moving average of $33.34 and a two-hundred day moving average of $32.59. iShares MSCI Germany ETF has a 1 year low of $29.27 and a 1 year high of $36.63.

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).