Rhumbline Advisers Cuts Holdings in iShares MSCI Germany ETF (NYSEARCA:EWG)

Rhumbline Advisers lowered its stake in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 98.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,175 shares of the exchange traded fund’s stock after selling 106,850 shares during the quarter. Rhumbline Advisers’ holdings in iShares MSCI Germany ETF were worth $37,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC grew its stake in shares of iShares MSCI Germany ETF by 3,082.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,056,353 shares of the exchange traded fund’s stock valued at $33,613,000 after buying an additional 1,023,155 shares during the last quarter. Main Management ETF Advisors LLC grew its stake in shares of iShares MSCI Germany ETF by 14.2% during the third quarter. Main Management ETF Advisors LLC now owns 263,660 shares of the exchange traded fund’s stock valued at $8,922,000 after buying an additional 32,865 shares during the last quarter. Onyx Bridge Wealth Group LLC grew its stake in shares of iShares MSCI Germany ETF by 6.7% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 189,785 shares of the exchange traded fund’s stock valued at $6,039,000 after buying an additional 11,892 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of iShares MSCI Germany ETF by 6.4% during the third quarter. Wellington Management Group LLP now owns 178,435 shares of the exchange traded fund’s stock valued at $6,038,000 after buying an additional 10,741 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in shares of iShares MSCI Germany ETF by 1.5% during the third quarter. Thrivent Financial for Lutherans now owns 175,927 shares of the exchange traded fund’s stock valued at $5,953,000 after buying an additional 2,610 shares during the last quarter.

iShares MSCI Germany ETF Price Performance

NYSEARCA EWG opened at $37.74 on Wednesday. The business’s 50-day moving average is $34.75 and its 200 day moving average is $33.30. The stock has a market capitalization of $1.12 billion, a PE ratio of 18.62 and a beta of 1.13. iShares MSCI Germany ETF has a 1 year low of $29.27 and a 1 year high of $39.19.

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).