iShares MSCI Germany ETF (NYSEARCA:EWG) Shares Cross Below Two Hundred Day Moving Average of $30.83

iShares MSCI Germany ETF (NYSEARCA:EWG) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $30.83 and traded as low as $29.71. iShares MSCI Germany ETF shares last traded at $30.03, with a volume of 638,799 shares traded.

iShares MSCI Germany ETF Price Performance

The stock has a 50 day simple moving average of $30.91 and a two-hundred day simple moving average of $30.85. The company has a market cap of $913.85 million, a price-to-earnings ratio of 14.47 and a beta of 0.91.

Hedge Funds Weigh In On iShares MSCI Germany ETF

Large investors have recently modified their holdings of the business. International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI Germany ETF in the 4th quarter valued at $88,000. MeadowBrook Investment Advisors LLC purchased a new stake in shares of iShares MSCI Germany ETF in the 4th quarter valued at $93,000. Nisa Investment Advisors LLC raised its holdings in shares of iShares MSCI Germany ETF by 32.2% in the 4th quarter. Nisa Investment Advisors LLC now owns 3,900 shares of the exchange traded fund’s stock valued at $116,000 after buying an additional 950 shares during the period. Buffington Mohr McNeal purchased a new stake in shares of iShares MSCI Germany ETF in the 4th quarter valued at $220,000. Finally, Coppell Advisory Solutions Corp. purchased a new stake in iShares MSCI Germany ETF during the 1st quarter worth about $248,000.

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).