iShares MSCI Germany ETF (NYSEARCA:EWG) Hits New 12-Month High at $33.54

iShares MSCI Germany ETF (NYSEARCA:EWG) shares hit a new 52-week high during trading on Thursday . The company traded as high as $33.54 and last traded at $33.54, with a volume of 2931 shares traded. The stock had previously closed at $32.90.

iShares MSCI Germany ETF Trading Up 2.0 %

The company has a market cap of $1.02 billion, a P/E ratio of 14.47 and a beta of 0.91. The business’s 50 day simple moving average is $31.59 and its 200 day simple moving average is $31.38.

Institutional Investors Weigh In On iShares MSCI Germany ETF

A number of hedge funds have recently made changes to their positions in the company. Caprock Group LLC increased its stake in iShares MSCI Germany ETF by 2.6% during the first quarter. Caprock Group LLC now owns 16,120 shares of the exchange traded fund’s stock worth $512,000 after acquiring an additional 411 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of iShares MSCI Germany ETF by 4.7% during the 2nd quarter. Hsbc Holdings PLC now owns 31,245 shares of the exchange traded fund’s stock valued at $957,000 after purchasing an additional 1,410 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in iShares MSCI Germany ETF by 19.7% during the 2nd quarter. Sunbelt Securities Inc. now owns 13,779 shares of the exchange traded fund’s stock valued at $422,000 after buying an additional 2,271 shares during the period. Main Management ETF Advisors LLC lifted its position in iShares MSCI Germany ETF by 1.1% in the second quarter. Main Management ETF Advisors LLC now owns 230,795 shares of the exchange traded fund’s stock worth $7,067,000 after buying an additional 2,485 shares during the last quarter. Finally, CX Institutional raised its stake in shares of iShares MSCI Germany ETF by 0.7% in the second quarter. CX Institutional now owns 479,479 shares of the exchange traded fund’s stock valued at $14,682,000 after acquiring an additional 3,132 shares during the period.

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).