iShares MSCI Germany ETF (NYSEARCA:EWG) Reaches New 52-Week High at $33.00

iShares MSCI Germany ETF (NYSEARCA:EWG) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $33.00 and last traded at $32.85, with a volume of 534847 shares traded. The stock had previously closed at $32.55.

iShares MSCI Germany ETF Stock Performance

The company has a 50-day moving average of $31.50 and a 200 day moving average of $31.32. The firm has a market cap of $991.11 million, a P/E ratio of 14.47 and a beta of 0.91.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in EWG. Coppell Advisory Solutions Corp. acquired a new stake in shares of iShares MSCI Germany ETF during the 1st quarter worth about $248,000. Brookstone Capital Management bought a new position in shares of iShares MSCI Germany ETF in the second quarter valued at approximately $303,000. EHP Funds Inc. bought a new position in shares of iShares MSCI Germany ETF in the fourth quarter valued at approximately $306,000. Sunbelt Securities Inc. acquired a new position in shares of iShares MSCI Germany ETF in the 1st quarter worth approximately $365,000. Finally, J.W. Cole Advisors Inc. bought a new stake in iShares MSCI Germany ETF during the 2nd quarter worth approximately $358,000.

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).