Idaho Trust Co Buys 63,874 Shares of iShares MSCI Germany ETF $EWG

Idaho Trust Co bought a new position in iShares MSCI Germany ETF (NYSEARCA:EWG) in the 3rd quarter, HoldingsChannel reports. The fund bought 63,874 shares of the exchange traded fund’s stock, valued at approximately $2,639,000. iShares MSCI Germany ETF makes up 0.8% of Idaho Trust Co’s portfolio, making the stock its 29th biggest holding.

A number of other institutional investors and hedge funds have also modified their holdings of EWG. Triumph Capital Management acquired a new position in iShares MSCI Germany ETF during the second quarter valued at $41,000. GKV Capital Management Co. Inc. purchased a new stake in iShares MSCI Germany ETF in the 1st quarter worth about $52,000. West Branch Capital LLC purchased a new stake in iShares MSCI Germany ETF in the 2nd quarter worth about $103,000. MeadowBrook Investment Advisors LLC acquired a new stake in iShares MSCI Germany ETF during the 3rd quarter worth about $105,000. Finally, AlphaCentric Advisors LLC boosted its position in iShares MSCI Germany ETF by 156.6% during the 3rd quarter. AlphaCentric Advisors LLC now owns 3,865 shares of the exchange traded fund’s stock worth $160,000 after acquiring an additional 2,359 shares during the period. Hedge funds and other institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Trading Up 3.4%

Shares of NYSEARCA EWG opened at $42.99 on Tuesday. iShares MSCI Germany ETF has a one year low of $37.97 and a one year high of $44.85. The business has a 50-day moving average price of $42.08 and a two-hundred day moving average price of $42.24. The firm has a market capitalization of $1.63 billion, a PE ratio of 17.79 and a beta of 0.97.

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). 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.