Life Line Wealth Management LLC Sells 275,021 Shares of iShares MSCI Germany ETF $EWG

Life Line Wealth Management LLC lessened its stake in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 45.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 336,362 shares of the exchange traded fund’s stock after selling 275,021 shares during the period. iShares MSCI Germany ETF accounts for approximately 4.2% of Life Line Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Life Line Wealth Management LLC owned approximately 0.82% of iShares MSCI Germany ETF worth $14,295,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. JPL Wealth Management LLC purchased a new position in shares of iShares MSCI Germany ETF in the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. acquired a new stake in iShares MSCI Germany ETF during the 4th quarter worth $31,000. Johnson Financial Group Inc. purchased a new stake in shares of iShares MSCI Germany ETF during the third quarter worth $37,000. NewEdge Advisors LLC acquired a new stake in shares of iShares MSCI Germany ETF in the first quarter valued at about $65,000. Finally, Advisory Services Network LLC acquired a new stake in shares of iShares MSCI Germany ETF in the third quarter valued at about $83,000. 53.42% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Trading Down 0.3%

NYSEARCA:EWG opened at $42.53 on Tuesday. iShares MSCI Germany ETF has a twelve month low of $37.97 and a twelve month high of $44.65. The company has a market cap of $1.45 billion, a P/E ratio of 17.79 and a beta of 0.95. The company’s 50-day moving average price is $41.15 and its 200-day moving average price is $41.89.

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). The Index seeks to measure the performance of the Germany equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.