iShares MSCI Germany ETF (NYSEARCA:EWG) Hits New 12-Month High – Should You Buy?

iShares MSCI Germany ETF (NYSEARCA:EWG)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $37.02 and last traded at $37.02, with a volume of 494119 shares trading hands. The stock had previously closed at $36.58.

iShares MSCI Germany ETF Stock Performance

The stock’s 50-day moving average is $33.80 and its two-hundred day moving average is $32.91. The stock has a market cap of $1.11 billion, a PE ratio of 14.47 and a beta of 0.91.

Hedge Funds Weigh In On iShares MSCI Germany ETF

Hedge funds have recently bought and sold shares of the company. Creative Capital Management Investments LLC purchased a new position in iShares MSCI Germany ETF in the 4th quarter valued at approximately $33,000. Barclays PLC grew its holdings in iShares MSCI Germany ETF by 22,660.0% during the 4th quarter. Barclays PLC now owns 1,138 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 1,133 shares in the last quarter. Crowley Wealth Management Inc. acquired a new position in shares of iShares MSCI Germany ETF during the 4th quarter worth about $39,000. WestEnd Advisors LLC purchased a new stake in shares of iShares MSCI Germany ETF during the 3rd quarter worth approximately $50,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares MSCI Germany ETF during the fourth quarter worth about $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).