iShares MSCI Germany ETF (NYSEARCA:EWG) Sees Strong Trading Volume

iShares MSCI Germany ETF (NYSEARCA:EWG) saw strong trading volume on Tuesday . 3,963,757 shares were traded during trading, an increase of 150% from the previous session’s volume of 1,583,311 shares.The stock last traded at $30.09 and had previously closed at $30.26.

iShares MSCI Germany ETF Stock Performance

The business has a 50 day simple moving average of $30.70 and a 200-day simple moving average of $28.86. The stock has a market capitalization of $1.71 billion, a P/E ratio of 10.82 and a beta of 1.07.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EWG. Hexagon Capital Partners LLC lifted its position in shares of iShares MSCI Germany ETF by 112.1% in the 3rd quarter. Hexagon Capital Partners LLC now owns 1,090 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 576 shares in the last quarter. Zions Bancorporation N.A. bought a new stake in shares of iShares MSCI Germany ETF during the 1st quarter worth $31,000. Coppell Advisory Solutions LLC bought a new position in shares of iShares MSCI Germany ETF in the second quarter worth about $33,000. Tower Research Capital LLC TRC increased its stake in iShares MSCI Germany ETF by 1,511.9% during the third quarter. Tower Research Capital LLC TRC now owns 1,354 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 1,270 shares during the period. Finally, Cornerstone Planning Group LLC bought a new stake in shares of iShares MSCI Germany ETF during the second quarter valued at approximately $38,000.

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).