iShares MSCI Germany ETF (NYSEARCA:EWG) Hits New 52-Week High at $33.54

iShares MSCI Germany ETF (NYSEARCA:EWG) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $33.54 and last traded at $33.54, with a volume of 2931 shares changing hands. The stock had previously closed at $32.90.

iShares MSCI Germany ETF Stock Up 0.7 %

The stock has a 50-day moving average price of $31.70 and a 200 day moving average price of $31.42. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 14.47 and a beta of 0.91.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its position in shares of iShares MSCI Germany ETF by 2,984.7% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,054,793 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 1,020,599 shares in the last quarter. Morningstar Investment Services LLC increased its stake in iShares MSCI Germany ETF by 97.2% in the fourth quarter. Morningstar Investment Services LLC now owns 732,063 shares of the exchange traded fund’s stock valued at $21,713,000 after purchasing an additional 360,774 shares during the last quarter. Onyx Bridge Wealth Group LLC acquired a new stake in iShares MSCI Germany ETF during the first quarter worth approximately $4,675,000. Prudential PLC lifted its position in shares of iShares MSCI Germany ETF by 2,095.8% during the 4th quarter. Prudential PLC now owns 158,100 shares of the exchange traded fund’s stock worth $4,694,000 after buying an additional 150,900 shares during the last quarter. Finally, Fortis Group Advisors LLC acquired a new position in shares of iShares MSCI Germany ETF in the 1st quarter valued at $3,962,000.

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).