Oppenheimer & Co. Inc. Takes Position in iShares MSCI Germany ETF (NYSEARCA:EWG)

Oppenheimer & Co. Inc. acquired a new stake in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 5,692 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Other hedge funds also recently made changes to their positions in the company. Stifel Financial Corp grew its position in shares of iShares MSCI Germany ETF by 11.2% during the fourth quarter. Stifel Financial Corp now owns 7,465 shares of the exchange traded fund’s stock worth $238,000 after buying an additional 750 shares in the last quarter. SG Americas Securities LLC grew its position in shares of iShares MSCI Germany ETF by 1.4% during the first quarter. SG Americas Securities LLC now owns 44,936 shares of the exchange traded fund’s stock worth $1,666,000 after buying an additional 630 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Germany ETF during the fourth quarter worth approximately $383,000. IFP Advisors Inc grew its position in shares of iShares MSCI Germany ETF by 193.8% during 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 in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its position in shares of iShares MSCI Germany ETF by 8.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,662 shares of the exchange traded fund’s stock worth $180,000 after buying an additional 459 shares in the last quarter. Hedge funds and other institutional investors own 53.42% of the company’s stock.

iShares MSCI Germany ETF Trading Up 0.1%

EWG stock opened at $42.21 on Friday. iShares MSCI Germany ETF has a twelve month low of $29.28 and a twelve month high of $42.87. The company has a market capitalization of $2.86 billion, a P/E ratio of 17.79 and a beta of 1.04. The firm has a 50 day simple moving average of $41.23 and a 200-day simple moving average of $37.39.

iShares MSCI Germany ETF 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).