iShares MSCI Germany ETF (NYSEARCA:EWG) Stock Price Cross Above 200-Day Moving Average – Should You Sell?

iShares MSCI Germany ETF (NYSEARCA:EWG)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $31.89 and traded as high as $32.31. iShares MSCI Germany ETF shares last traded at $32.30, with a volume of 518,336 shares changing hands.

iShares MSCI Germany ETF Price Performance

The business’s 50-day moving average price is $32.39 and its two-hundred day moving average price is $31.89. The firm has a market cap of $978.69 million, a price-to-earnings ratio of 14.47 and a beta of 0.91.

Institutional Investors Weigh In On iShares MSCI Germany ETF

A number of institutional investors have recently modified their holdings of the stock. Main Management ETF Advisors LLC increased its holdings in shares of iShares MSCI Germany ETF by 14.2% in the 3rd quarter. Main Management ETF Advisors LLC now owns 263,660 shares of the exchange traded fund’s stock valued at $8,922,000 after acquiring an additional 32,865 shares during the last quarter. Zacks Investment Management lifted its stake in iShares MSCI Germany ETF by 49.5% during the third quarter. Zacks Investment Management now owns 48,824 shares of the exchange traded fund’s stock worth $1,652,000 after purchasing an additional 16,160 shares during the last quarter. National Bank of Canada FI boosted its holdings in iShares MSCI Germany ETF by 43.9% in the third quarter. National Bank of Canada FI now owns 6,224 shares of the exchange traded fund’s stock worth $211,000 after purchasing an additional 1,900 shares during the period. Wellington Management Group LLP increased its stake in iShares MSCI Germany ETF by 6.4% during the third quarter. Wellington Management Group LLP now owns 178,435 shares of the exchange traded fund’s stock valued at $6,038,000 after purchasing an additional 10,741 shares during the last quarter. Finally, Arizona PSPRS Trust acquired a new stake in shares of iShares MSCI Germany ETF during the third quarter worth $1,922,000.

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).