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

Shares of iShares MSCI Germany ETF (NYSEARCA:EWG) saw strong trading volume on Tuesday . 2,407,622 shares changed hands during mid-day trading, an increase of 113% from the previous session’s volume of 1,130,391 shares.The stock last traded at $39.11 and had previously closed at $39.03.

iShares MSCI Germany ETF Price Performance

The stock has a fifty day moving average price of $35.65 and a two-hundred day moving average price of $33.59. The company has a market cap of $1.75 billion, a P/E ratio of 19.33 and a beta of 1.13.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Creative Capital Management Investments LLC bought a new stake in iShares MSCI Germany ETF during the fourth quarter worth $33,000. Barclays PLC increased its position in iShares MSCI Germany ETF by 22,660.0% in the fourth quarter. Barclays PLC now owns 1,138 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 1,133 shares during the last quarter. Crowley Wealth Management Inc. purchased a new stake in iShares MSCI Germany ETF in the fourth quarter worth $39,000. Wilmington Savings Fund Society FSB purchased a new stake in iShares MSCI Germany ETF in the fourth quarter worth $62,000. Finally, IFP Advisors Inc increased its position in iShares MSCI Germany ETF by 193.8% in the fourth quarter. IFP Advisors Inc now owns 2,706 shares of the exchange traded fund’s stock worth $86,000 after buying an additional 1,785 shares during the last quarter.

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).