Tradewinds Capital Management LLC Cuts Position in iShares MSCI Germany ETF $EWG

Tradewinds Capital Management LLC cut its holdings in iShares MSCI Germany ETF (NYSEARCA:EWG) by 95.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,454 shares of the exchange traded fund’s stock after selling 736,769 shares during the period. Tradewinds Capital Management LLC owned about 0.08% of iShares MSCI Germany ETF worth $1,337,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EWG. JPL Wealth Management LLC bought a new position in iShares MSCI Germany ETF in the 3rd quarter valued at $28,000. Berbice Capital Management LLC increased its position in shares of iShares MSCI Germany ETF by 60.0% during the 2nd quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 300 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of iShares MSCI Germany ETF during the 3rd quarter worth $37,000. Laurel Wealth Advisors LLC purchased a new position in shares of iShares MSCI Germany ETF in the 2nd quarter worth about $54,000. Finally, NewEdge Advisors LLC purchased a new position in shares of iShares MSCI Germany ETF in the 1st quarter worth about $65,000. 53.42% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Stock Performance

EWG opened at $38.08 on Friday. iShares MSCI Germany ETF has a fifty-two week low of $32.82 and a fifty-two week high of $44.65. The firm has a 50-day moving average of $42.35 and a 200 day moving average of $41.87. The firm has a market cap of $1.55 billion, a P/E ratio of 17.79 and a beta of 1.03.

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.