Anthracite Investment Company Inc. Makes New Investment in iShares MSCI Germany ETF $EWG

Anthracite Investment Company Inc. purchased a new position in iShares MSCI Germany ETF (NYSEARCA:EWG) in the 2nd quarter, HoldingsChannel reports. The fund purchased 54,000 shares of the exchange traded fund’s stock, valued at approximately $2,285,000.

Several other large investors have also recently modified their holdings of EWG. Hsbc Holdings PLC raised its position in shares of iShares MSCI Germany ETF by 15,545.6% in the 1st quarter. Hsbc Holdings PLC now owns 3,286,517 shares of the exchange traded fund’s stock worth $121,864,000 after purchasing an additional 3,265,511 shares during the last quarter. New Vernon Capital Holdings II LLC purchased a new position in shares of iShares MSCI Germany ETF in the 1st quarter worth about $57,326,000. Life Line Wealth Management LLC purchased a new position in shares of iShares MSCI Germany ETF in the 1st quarter worth about $44,782,000. Envestnet Asset Management Inc. raised its position in shares of iShares MSCI Germany ETF by 290.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,042,496 shares of the exchange traded fund’s stock worth $38,656,000 after purchasing an additional 775,570 shares during the last quarter. Finally, HITE Hedge Asset Management LLC purchased a new position in shares of iShares MSCI Germany ETF in the 1st quarter worth about $18,186,000. Hedge funds and other institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Price Performance

EWG opened at $41.59 on Friday. The stock has a 50-day moving average price of $41.68 and a 200-day moving average price of $41.23. The firm has a market cap of $2.03 billion, a PE ratio of 17.79 and a beta of 1.07. iShares MSCI Germany ETF has a 1 year low of $31.03 and a 1 year high of $43.31.

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).