iShares MSCI Germany ETF (NYSEARCA:EWG) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares MSCI Germany ETF (NYSEARCA:EWG) saw an uptick in trading volume on Monday . 1,160,559 shares were traded during mid-day trading, an increase of 26% from the previous session’s volume of 918,691 shares.The stock last traded at $34.06 and had previously closed at $34.63.

iShares MSCI Germany ETF Stock Down 1.7 %

The firm has a market cap of $1.03 billion, a P/E ratio of 14.47 and a beta of 0.91. The stock’s 50-day moving average is $32.78 and its 200-day moving average is $32.31.

Institutional Investors Weigh In On iShares MSCI Germany ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Creative Capital Management Investments LLC acquired a new stake in shares of iShares MSCI Germany ETF during the 4th quarter valued at about $33,000. WestEnd Advisors LLC bought a new position in iShares MSCI Germany ETF during the third quarter worth about $50,000. Wilmington Savings Fund Society FSB acquired a new stake in iShares MSCI Germany ETF during the fourth quarter valued at approximately $62,000. Whittier Trust Co. boosted its holdings in iShares MSCI Germany ETF by 38.5% during the third quarter. Whittier Trust Co. now owns 2,813 shares of the exchange traded fund’s stock valued at $95,000 after purchasing an additional 782 shares in the last quarter. Finally, Ameliora Wealth Management Ltd. bought a new stake in shares of iShares MSCI Germany ETF in the 4th quarter valued at approximately $95,000.

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).