iShares MSCI Germany ETF (NYSEARCA:EWG) Hits New 1-Year High – Should You Buy?

iShares MSCI Germany ETF (NYSEARCA:EWG) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $36.82 and last traded at $36.80, with a volume of 3023 shares changing hands. The stock had previously closed at $36.42.

iShares MSCI Germany ETF Stock Performance

The business has a 50-day simple moving average of $33.40 and a 200 day simple moving average of $32.64. The firm has a market cap of $1.12 billion, a P/E ratio of 14.47 and a beta of 0.91.

Institutional Investors Weigh In On iShares MSCI Germany ETF

A number of large investors have recently added to or reduced their stakes in the stock. Creative Capital Management Investments LLC bought a new stake in shares of iShares MSCI Germany ETF during the 4th quarter valued at about $33,000. Barclays PLC boosted its holdings in shares of 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. bought a new stake in iShares MSCI Germany ETF during the fourth quarter valued at approximately $39,000. WestEnd Advisors LLC purchased a new stake in iShares MSCI Germany ETF during the third quarter valued at approximately $50,000. Finally, Wilmington Savings Fund Society FSB bought a new position in iShares MSCI Germany ETF in the fourth quarter worth approximately $62,000.

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).