iShares MSCI Germany ETF (NYSEARCA:EWG) Sees Large Volume Increase – What’s Next?

iShares MSCI Germany ETF (NYSEARCA:EWG) saw unusually-strong trading volume on Monday . Approximately 975,943 shares traded hands during 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 PE ratio of 19.33 and a beta of 1.13. The business has a 50 day simple moving average of $36.14 and a two-hundred day simple moving average of $33.77.

Institutional Investors Weigh In On iShares MSCI Germany ETF

Institutional investors have recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC increased its stake in shares of iShares MSCI Germany ETF by 3,082.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,056,353 shares of the exchange traded fund’s stock worth $33,613,000 after acquiring an additional 1,023,155 shares during the period. Ameriprise Financial Inc. lifted its position in shares of iShares MSCI Germany ETF by 132.3% in the fourth quarter. Ameriprise Financial Inc. now owns 732,785 shares of the exchange traded fund’s stock valued at $23,317,000 after acquiring an additional 417,382 shares in the last quarter. GTS Securities LLC grew its holdings in shares of iShares MSCI Germany ETF by 118.7% during the fourth quarter. GTS Securities LLC now owns 31,559 shares of the exchange traded fund’s stock worth $1,004,000 after buying an additional 200,080 shares in the last quarter. Point72 Europe London LLP purchased a new position in iShares MSCI Germany ETF in the 4th quarter worth approximately $5,842,000. Finally, Optiver Holding B.V. boosted its stake in iShares MSCI Germany ETF by 121.6% during the fourth quarter. Optiver Holding B.V. now owns 256,373 shares of the exchange traded fund’s stock worth $8,158,000 after buying an additional 140,698 shares during the last quarter.

iShares MSCI Germany ETF Company 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).