Cresset Asset Management LLC Trims Position in iShares MSCI Germany ETF (NYSEARCA:EWG)

Cresset Asset Management LLC cut its holdings in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 47.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,013 shares of the exchange traded fund’s stock after selling 6,444 shares during the quarter. Cresset Asset Management LLC’s holdings in iShares MSCI Germany ETF were worth $223,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in EWG. Barry Investment Advisors LLC grew its stake in shares of iShares MSCI Germany ETF by 2.6% during the 4th quarter. Barry Investment Advisors LLC now owns 27,270 shares of the exchange traded fund’s stock worth $868,000 after purchasing an additional 692 shares during the period. Onyx Bridge Wealth Group LLC grew its stake in shares of iShares MSCI Germany ETF by 6.7% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 189,785 shares of the exchange traded fund’s stock worth $6,039,000 after purchasing an additional 11,892 shares during the period. Strategic Financial Concepts LLC grew its stake in shares of iShares MSCI Germany ETF by 3,082.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,056,353 shares of the exchange traded fund’s stock worth $33,613,000 after purchasing an additional 1,023,155 shares during the period. Ameliora Wealth Management Ltd. acquired a new stake in shares of iShares MSCI Germany ETF during the 4th quarter worth approximately $95,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares MSCI Germany ETF during the 4th quarter worth approximately $62,000.

iShares MSCI Germany ETF Price Performance

Shares of NYSEARCA EWG opened at $40.85 on Monday. The firm’s 50 day simple moving average is $38.14 and its 200-day simple moving average is $35.22. iShares MSCI Germany ETF has a 12 month low of $29.28 and a 12 month high of $40.90. The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 18.84 and a beta of 1.06.

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).