Rice Partnership LLC Has $24.52 Million Holdings in iShares MSCI Germany ETF $EWG

Rice Partnership LLC lowered its stake in iShares MSCI Germany ETF (NYSEARCA:EWG) by 13.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 618,221 shares of the exchange traded fund’s stock after selling 99,946 shares during the quarter. iShares MSCI Germany ETF comprises approximately 3.4% of Rice Partnership LLC’s holdings, making the stock its 9th largest holding. Rice Partnership LLC’s holdings in iShares MSCI Germany ETF were worth $24,525,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Allworth Financial LP grew its stake in shares of iShares MSCI Germany ETF by 88.9% during the fourth quarter. Allworth Financial LP now owns 646 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 304 shares during the period. MV Capital Management Inc. bought a new stake in iShares MSCI Germany ETF in the fourth quarter valued at about $28,000. JPL Wealth Management LLC acquired a new position in iShares MSCI Germany ETF in the third quarter valued at about $28,000. Geneos Wealth Management Inc. acquired a new position in iShares MSCI Germany ETF in the fourth quarter valued at about $31,000. Finally, EFG International AG bought a new position in iShares MSCI Germany ETF during the fourth quarter worth about $36,000. 53.42% of the stock is currently owned by institutional investors.

iShares MSCI Germany ETF Trading Down 0.7%

iShares MSCI Germany ETF stock opened at $40.87 on Tuesday. The firm has a market capitalization of $1.50 billion, a P/E ratio of 17.79 and a beta of 0.95. The business has a 50-day moving average of $42.01 and a 200-day moving average of $42.17. iShares MSCI Germany ETF has a 1 year low of $37.97 and a 1 year high of $44.65.

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). 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.