Jackson Square Capital LLC Cuts Stock Position in iShares MSCI Germany ETF $EWG

Jackson Square Capital LLC reduced its position in iShares MSCI Germany ETF (NYSEARCA:EWG) by 62.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,147 shares of the exchange traded fund’s stock after selling 16,719 shares during the quarter. Jackson Square Capital LLC’s holdings in iShares MSCI Germany ETF were worth $422,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Berbice Capital Management LLC raised its stake in iShares MSCI Germany ETF by 60.0% in the second quarter. Berbice Capital Management LLC now owns 800 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 300 shares during the last quarter. Allworth Financial LP lifted its stake in shares of iShares MSCI Germany ETF by 146.9% during the second quarter. Allworth Financial LP now owns 842 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 501 shares during the period. Atlantic Union Bankshares Corp acquired a new position in shares of iShares MSCI Germany ETF in the 2nd quarter valued at $37,000. Farther Finance Advisors LLC lifted its position in iShares MSCI Germany ETF by 140.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 974 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 569 shares during the period. Finally, Salem Investment Counselors Inc. acquired a new stake in iShares MSCI Germany ETF during the 2nd quarter worth about $42,000. Institutional investors and hedge funds own 53.42% of the company’s stock.

iShares MSCI Germany ETF Stock Performance

Shares of EWG stock opened at $42.10 on Friday. iShares MSCI Germany ETF has a fifty-two week low of $31.49 and a fifty-two week high of $43.31. The firm has a market capitalization of $2.06 billion, a PE ratio of 17.79 and a beta of 1.03. The stock’s 50-day simple moving average is $41.09 and its 200-day simple moving average is $41.59.

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). The Index seeks to measure the performance of the Germany equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.