iShares MSCI Germany ETF (NYSEARCA:EWG) Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. decreased its position in shares of iShares MSCI Germany ETF (NYSEARCA:EWG) by 39.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 272,291 shares of the exchange traded fund’s stock after selling 175,891 shares during the quarter. Securian Asset Management Inc.’s holdings in iShares MSCI Germany ETF were worth $8,664,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC increased its holdings in shares of iShares MSCI Germany ETF by 3,082.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,056,353 shares of the exchange traded fund’s stock valued at $33,613,000 after purchasing an additional 1,023,155 shares during the period. BlueStem Wealth Partners LLC acquired a new position in shares of iShares MSCI Germany ETF in the fourth quarter valued at approximately $2,819,000. ABC Arbitrage SA acquired a new position in shares of iShares MSCI Germany ETF in the fourth quarter valued at approximately $2,101,000. Arizona PSPRS Trust acquired a new position in shares of iShares MSCI Germany ETF in the third quarter valued at approximately $1,922,000. Finally, Dai ichi Life Holdings Inc. acquired a new position in shares of iShares MSCI Germany ETF in the third quarter valued at approximately $1,189,000.

iShares MSCI Germany ETF Trading Down 0.1 %

NYSEARCA:EWG opened at $37.74 on Wednesday. The firm has a market cap of $1.12 billion, a P/E ratio of 18.62 and a beta of 1.13. The stock’s 50 day simple moving average is $34.75 and its 200-day simple moving average is $33.30. iShares MSCI Germany ETF has a 12-month low of $29.27 and a 12-month high of $39.19.

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).