Bank of Montreal Can Buys 45,521 Shares of iShares MSCI Germany ETF (NYSEARCA:EWG)

Bank of Montreal Can lifted its stake in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 790.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 51,281 shares of the exchange traded fund’s stock after purchasing an additional 45,521 shares during the quarter. Bank of Montreal Can owned 0.17% of iShares MSCI Germany ETF worth $1,570,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Strategic Financial Concepts LLC grew its stake in iShares MSCI Germany ETF by 2,984.7% during the second quarter. Strategic Financial Concepts LLC now owns 1,054,793 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 1,020,599 shares in the last quarter. Coppell Advisory Solutions Corp. acquired a new stake in shares of iShares MSCI Germany ETF during the 1st quarter worth approximately $248,000. Brookstone Capital Management bought a new position in iShares MSCI Germany ETF in the second quarter valued at approximately $303,000. EHP Funds Inc. acquired a new position in iShares MSCI Germany ETF during the fourth quarter valued at approximately $306,000. Finally, J.W. Cole Advisors Inc. bought a new stake in iShares MSCI Germany ETF during the second quarter worth $358,000.

iShares MSCI Germany ETF Stock Performance

Shares of EWG stock opened at $33.08 on Friday. iShares MSCI Germany ETF has a fifty-two week low of $24.70 and a fifty-two week high of $34.12. The stock’s fifty day moving average price is $31.91 and its two-hundred day moving average price is $31.49. The company has a market cap of $1.00 billion, a PE ratio of 14.47 and a beta of 0.91.

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).