Northwest & Ethical Investments L.P. Has $2.46 Million Stake in iShares MSCI Germany ETF $EWG

Northwest & Ethical Investments L.P. boosted its position in iShares MSCI Germany ETF (NYSEARCA:EWG) by 85.4% in the second quarter, Holdings Channel.com reports. The firm owned 58,200 shares of the exchange traded fund’s stock after purchasing an additional 26,800 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in iShares MSCI Germany ETF were worth $2,462,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Cetera Investment Advisers bought a new stake in shares of iShares MSCI Germany ETF during the first quarter worth about $2,421,000. LPL Financial LLC raised its holdings in iShares MSCI Germany ETF by 120.7% in the 1st quarter. LPL Financial LLC now owns 432,758 shares of the exchange traded fund’s stock valued at $16,047,000 after buying an additional 236,666 shares during the last quarter. Foundations Investment Advisors LLC acquired a new stake in iShares MSCI Germany ETF during the 1st quarter worth approximately $516,000. Ackerman Asset Management LLC acquired a new stake in iShares MSCI Germany ETF during the 1st quarter worth approximately $264,000. Finally, MONECO Advisors LLC bought a new stake in iShares MSCI Germany ETF during the 1st quarter worth approximately $1,582,000. 53.42% of the stock is currently owned by institutional investors.

iShares MSCI Germany ETF Stock Performance

Shares of NYSEARCA EWG opened at $40.60 on Thursday. The firm has a 50 day moving average price of $41.16 and a two-hundred day moving average price of $41.58. The stock has a market cap of $1.99 billion, a P/E ratio of 17.79 and a beta of 1.03. iShares MSCI Germany ETF has a 52-week low of $31.49 and a 52-week high of $43.31.

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).