Financially Speaking Inc Buys Shares of 1,510 iShares MSCI Germany ETF (NYSEARCA:EWG)

Financially Speaking Inc bought a new stake in iShares MSCI Germany ETF (NYSEARCA:EWG) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,510 shares of the exchange traded fund’s stock, valued at approximately $56,000. iShares MSCI Germany ETF accounts for approximately 0.0% of Financially Speaking Inc’s portfolio, making the stock its 24th biggest position.

A number of other institutional investors also recently bought and sold shares of EWG. Life Line Wealth Management LLC bought a new position in shares of iShares MSCI Germany ETF in the first quarter worth about $44,782,000. Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI Germany ETF by 290.6% in the first quarter. Envestnet Asset Management Inc. now owns 1,042,496 shares of the exchange traded fund’s stock worth $38,656,000 after buying an additional 775,570 shares during the period. Ameriprise Financial Inc. raised its stake in shares of iShares MSCI Germany ETF by 132.3% in the fourth quarter. Ameriprise Financial Inc. now owns 732,785 shares of the exchange traded fund’s stock worth $23,317,000 after buying an additional 417,382 shares during the period. LPL Financial LLC raised its stake in shares of iShares MSCI Germany ETF by 120.7% in the first quarter. LPL Financial LLC now owns 432,758 shares of the exchange traded fund’s stock worth $16,047,000 after buying an additional 236,666 shares during the period. Finally, Tradewinds Capital Management LLC raised its stake in shares of iShares MSCI Germany ETF by 1,198.7% in the first quarter. Tradewinds Capital Management LLC now owns 371,961 shares of the exchange traded fund’s stock worth $13,792,000 after buying an additional 343,320 shares during the period. Institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Up 0.3%

NYSEARCA EWG opened at $42.81 on Monday. The stock’s 50-day moving average price is $41.95 and its 200-day moving average price is $38.62. iShares MSCI Germany ETF has a 52 week low of $29.27 and a 52 week high of $43.31. The company has a market capitalization of $2.90 billion, a P/E ratio of 17.79 and a beta of 1.07.

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).