Thrivent Financial for Lutherans Buys Shares of 155,757 iShares MSCI Germany ETF $EWG

Thrivent Financial for Lutherans bought a new position in iShares MSCI Germany ETF (NYSEARCA:EWG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 155,757 shares of the exchange traded fund’s stock, valued at approximately $6,481,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EWG. Foundations Investment Advisors LLC bought a new position in shares of iShares MSCI Germany ETF in the 3rd quarter worth approximately $439,000. Crumly & Associates Inc. bought a new stake in iShares MSCI Germany ETF during the third quarter valued at approximately $245,000. Capital Wealth Alliance LLC purchased a new stake in iShares MSCI Germany ETF during the third quarter valued at approximately $204,000. Truist Financial Corp raised its position in iShares MSCI Germany ETF by 4.3% in the third quarter. Truist Financial Corp now owns 70,366 shares of the exchange traded fund’s stock worth $2,928,000 after acquiring an additional 2,882 shares during the period. Finally, Patten & Patten Inc. TN raised its position in iShares MSCI Germany ETF by 25.9% in the third quarter. Patten & Patten Inc. TN now owns 55,625 shares of the exchange traded fund’s stock worth $2,315,000 after acquiring an additional 11,450 shares during the period. Hedge funds and other institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Price Performance

Shares of EWG stock opened at $43.53 on Friday. iShares MSCI Germany ETF has a 1 year low of $32.82 and a 1 year high of $44.42. The firm has a fifty day moving average price of $42.67 and a 200-day moving average price of $41.88. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 17.79 and a beta of 1.03.

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.