Rhumbline Advisers Grows Stock Holdings in iShares MSCI Germany ETF (NYSEARCA:EWG)

Rhumbline Advisers raised its position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 5.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,025 shares of the exchange traded fund’s stock after buying an additional 5,530 shares during the period. Rhumbline Advisers’ holdings in iShares MSCI Germany ETF were worth $3,308,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Coppell Advisory Solutions Corp. purchased a new position in iShares MSCI Germany ETF in the first quarter valued at $248,000. Brookstone Capital Management purchased a new position in iShares MSCI Germany ETF in the second quarter valued at $303,000. EHP Funds Inc. purchased a new position in iShares MSCI Germany ETF in the fourth quarter valued at $306,000. Sunbelt Securities Inc. purchased a new position in iShares MSCI Germany ETF in the first quarter valued at $365,000. Finally, Cetera Advisors LLC purchased a new position in iShares MSCI Germany ETF in the first quarter valued at $390,000.

iShares MSCI Germany ETF Price Performance

iShares MSCI Germany ETF stock opened at $32.55 on Wednesday. iShares MSCI Germany ETF has a 1-year low of $24.70 and a 1-year high of $32.75. The stock has a market cap of $986.27 million, a PE ratio of 14.47 and a beta of 0.91. The stock’s fifty day moving average is $31.40 and its two-hundred day moving average is $31.29.

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).