iShares MSCI Germany ETF (NYSEARCA:EWG) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. trimmed its position in iShares MSCI Germany ETF (NYSEARCA:EWG) by 18.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 275,623 shares of the exchange traded fund’s stock after selling 63,507 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares MSCI Germany ETF were worth $8,440,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Strategic Financial Concepts LLC boosted its position in shares of iShares MSCI Germany ETF by 2,984.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,054,793 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 1,020,599 shares during the period. Coppell Advisory Solutions Corp. acquired a new stake in iShares MSCI Germany ETF in the first quarter valued at about $248,000. Brookstone Capital Management acquired a new stake in iShares MSCI Germany ETF in the second quarter valued at $303,000. EHP Funds Inc. acquired a new stake in shares of iShares MSCI Germany ETF in the fourth quarter valued at about $306,000. Finally, Sunbelt Securities Inc. purchased a new position in iShares MSCI Germany ETF in the 1st quarter valued at approximately $365,000.

iShares MSCI Germany ETF Trading Up 0.7 %

Shares of NYSEARCA EWG opened at $33.93 on Friday. The company’s 50-day moving average price is $31.70 and its 200 day moving average price is $31.42. iShares MSCI Germany ETF has a 52 week low of $24.70 and a 52 week high of $34.12. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 14.47 and a beta of 0.91.

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).