iShares MSCI Germany ETF (NYSEARCA:EWG) Sees Large Volume Increase – Here’s Why

Shares of iShares MSCI Germany ETF (NYSEARCA:EWG) saw an uptick in trading volume on Monday . 975,943 shares were traded during mid-day trading, a decline of 18% from the previous session’s volume of 1,190,989 shares.The stock last traded at $38.09 and had previously closed at $38.09.

iShares MSCI Germany ETF Stock Up 0.9 %

The firm has a market cap of $1.72 billion, a P/E ratio of 19.33 and a beta of 1.13. The firm’s 50-day simple moving average is $36.14 and its 200 day simple moving average is $33.77.

Hedge Funds Weigh In On iShares MSCI Germany ETF

Several institutional investors have recently bought and sold shares of the company. Creative Capital Management Investments LLC purchased a new stake in shares of iShares MSCI Germany ETF during the fourth quarter worth $33,000. Barclays PLC lifted its holdings in iShares MSCI Germany ETF by 22,660.0% during the 4th quarter. Barclays PLC now owns 1,138 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 1,133 shares in the last quarter. Crowley Wealth Management Inc. bought a new position in iShares MSCI Germany ETF in the 4th quarter worth about $39,000. Wilmington Savings Fund Society FSB purchased a new position in iShares MSCI Germany ETF during the 4th quarter valued at about $62,000. Finally, IFP Advisors Inc increased its position in shares of iShares MSCI Germany ETF by 193.8% during the fourth quarter. IFP Advisors Inc now owns 2,706 shares of the exchange traded fund’s stock valued at $86,000 after buying an additional 1,785 shares during the period.

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).