Trek Financial LLC Decreases Position in iShares MSCI Germany ETF $EWG

Trek Financial LLC reduced its stake in iShares MSCI Germany ETF (NYSEARCA:EWG) by 79.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,232 shares of the exchange traded fund’s stock after selling 24,684 shares during the period. Trek Financial LLC’s holdings in iShares MSCI Germany ETF were worth $259,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brueske Advisory Services LLC acquired a new position in shares of iShares MSCI Germany ETF in the 3rd quarter valued at $1,077,000. 3EDGE Asset Management LP boosted its stake in iShares MSCI Germany ETF by 144.7% in the third quarter. 3EDGE Asset Management LP now owns 273,713 shares of the exchange traded fund’s stock valued at $11,308,000 after acquiring an additional 161,866 shares in the last quarter. Dynamic Wealth Strategies LLC purchased a new position in shares of iShares MSCI Germany ETF during the third quarter worth about $718,000. Quantum Portfolio Management LLC grew its holdings in shares of iShares MSCI Germany ETF by 55.8% during the third quarter. Quantum Portfolio Management LLC now owns 9,694 shares of the exchange traded fund’s stock worth $403,000 after purchasing an additional 3,470 shares during the last quarter. Finally, Evergreen Capital Management LLC increased its position in shares of iShares MSCI Germany ETF by 2.5% during the third quarter. Evergreen Capital Management LLC now owns 12,346 shares of the exchange traded fund’s stock worth $514,000 after purchasing an additional 305 shares in the last quarter. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Performance

iShares MSCI Germany ETF stock opened at $43.48 on Monday. The company has a market capitalization of $1.77 billion, a P/E ratio of 17.79 and a beta of 1.03. iShares MSCI Germany ETF has a fifty-two week low of $32.82 and a fifty-two week high of $43.89. The stock has a 50-day simple moving average of $41.95 and a 200-day simple moving average of $41.79.

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.