Lido Advisors LLC Raises Stock Position in iShares MSCI Germany ETF $EWG

Lido Advisors LLC raised its holdings in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 168.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 485,803 shares of the exchange traded fund’s stock after acquiring an additional 304,946 shares during the quarter. Lido Advisors LLC owned approximately 1.42% of iShares MSCI Germany ETF worth $19,272,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in EWG. NewEdge Advisors LLC bought a new position in shares of iShares MSCI Germany ETF in the first quarter worth about $65,000. Jones Financial Companies Lllp raised its stake in iShares MSCI Germany ETF by 3,443.5% during the 1st quarter. Jones Financial Companies Lllp now owns 19,489 shares of the exchange traded fund’s stock valued at $723,000 after purchasing an additional 18,939 shares during the period. Empowered Funds LLC purchased a new position in iShares MSCI Germany ETF in the 1st quarter worth approximately $1,497,000. Focus Partners Wealth purchased a new position in iShares MSCI Germany ETF in the 1st quarter worth approximately $288,000. Finally, Rhumbline Advisers lifted its holdings in iShares MSCI Germany ETF by 164.3% in the 1st quarter. Rhumbline Advisers now owns 3,105 shares of the exchange traded fund’s stock worth $115,000 after purchasing an additional 1,930 shares in the last quarter. 53.42% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Germany ETF Price Performance

EWG stock opened at $40.59 on Friday. iShares MSCI Germany ETF has a 1-year low of $37.97 and a 1-year high of $44.65. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 17.79 and a beta of 0.95. The business has a 50 day simple moving average of $41.95 and a two-hundred day simple moving average of $42.14.

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). 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.