Loomis Sayles & Co. L P Decreases Holdings in iShares MSCI Germany ETF $EWG

Loomis Sayles & Co. L P decreased its stake in iShares MSCI Germany ETF (NYSEARCA:EWG) by 8.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,750 shares of the exchange traded fund’s stock after selling 4,750 shares during the quarter. Loomis Sayles & Co. L P owned approximately 0.08% of iShares MSCI Germany ETF worth $2,190,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Hsbc Holdings PLC lifted its stake in iShares MSCI Germany ETF by 15,545.6% in the 1st quarter. Hsbc Holdings PLC now owns 3,286,517 shares of the exchange traded fund’s stock valued at $121,864,000 after buying an additional 3,265,511 shares in the last quarter. New Vernon Capital Holdings II LLC acquired a new position in shares of iShares MSCI Germany ETF during the first quarter valued at approximately $57,326,000. Bank of Montreal Can raised its holdings in shares of iShares MSCI Germany ETF by 102.3% during the second quarter. Bank of Montreal Can now owns 1,275,097 shares of the exchange traded fund’s stock valued at $53,949,000 after acquiring an additional 644,647 shares during the last quarter. HITE Hedge Asset Management LLC purchased a new position in shares of iShares MSCI Germany ETF in the first quarter valued at approximately $18,186,000. Finally, Tradewinds Capital Management LLC boosted its stake in shares of iShares MSCI Germany ETF by 98.9% in the second quarter. Tradewinds Capital Management LLC now owns 739,995 shares of the exchange traded fund’s stock worth $31,309,000 after acquiring an additional 368,034 shares during the last quarter. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Performance

Shares of EWG opened at $40.52 on Tuesday. The stock has a 50 day moving average price of $41.12 and a 200 day moving average price of $41.59. iShares MSCI Germany ETF has a one year low of $31.49 and a one year high of $43.31. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 17.79 and a beta of 1.03.

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).