Principal Securities Inc. Raises Stake in iShares MSCI Germany ETF (NYSEARCA:EWG)

Principal Securities Inc. raised its stake in iShares MSCI Germany ETF (NYSEARCA:EWG) by 5.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 237,199 shares of the exchange traded fund’s stock after buying an additional 13,044 shares during the period. Principal Securities Inc. owned about 0.78% of iShares MSCI Germany ETF worth $8,027,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Caprock Group LLC grew its stake in iShares MSCI Germany ETF by 4.6% in the second quarter. Caprock Group LLC now owns 16,867 shares of the exchange traded fund’s stock worth $516,000 after purchasing an additional 747 shares in the last quarter. Whittier Trust Co. grew its position in shares of iShares MSCI Germany ETF by 38.5% during the 3rd quarter. Whittier Trust Co. now owns 2,813 shares of the exchange traded fund’s stock worth $95,000 after buying an additional 782 shares in the last quarter. Barry Investment Advisors LLC grew its holdings in iShares MSCI Germany ETF by 5.3% during the 3rd quarter. Barry Investment Advisors LLC now owns 26,578 shares of the exchange traded fund’s stock worth $899,000 after acquiring an additional 1,329 shares in the last quarter. Hsbc Holdings PLC increased its holdings in iShares MSCI Germany ETF by 4.7% during the second quarter. Hsbc Holdings PLC now owns 31,245 shares of the exchange traded fund’s stock valued at $957,000 after buying an additional 1,410 shares during the period. Finally, WestEnd Advisors LLC bought a new stake in iShares MSCI Germany ETF during the third quarter valued at about $50,000.

iShares MSCI Germany ETF Price Performance

Shares of EWG stock opened at $32.32 on Friday. iShares MSCI Germany ETF has a 1-year low of $25.03 and a 1-year high of $34.12. The stock’s 50-day moving average is $32.74 and its 200 day moving average is $31.69. The company has a market cap of $979.30 million, a P/E ratio of 14.47 and a beta of 0.91.

About iShares MSCI Germany ETF

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).