iShares MSCI Germany ETF (NYSEARCA:EWG) Sees Unusually-High Trading Volume – Should You Buy?

iShares MSCI Germany ETF (NYSEARCA:EWG) saw strong trading volume on Monday . 3,023,340 shares changed hands during mid-day trading, an increase of 141% from the previous session’s volume of 1,257,079 shares.The stock last traded at $36.82 and had previously closed at $37.39.

iShares MSCI Germany ETF Stock Down 1.0 %

The firm’s fifty day moving average price is $36.42 and its two-hundred day moving average price is $33.89. The stock has a market capitalization of $1.66 billion, a PE ratio of 19.33 and a beta of 1.13.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Creative Capital Management Investments LLC bought a new stake in iShares MSCI Germany ETF in the 4th quarter worth approximately $33,000. Barclays PLC increased its position in 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 purchasing an additional 1,133 shares during the last quarter. Crowley Wealth Management Inc. purchased a new stake in iShares MSCI Germany ETF during the fourth quarter valued at $39,000. Wilmington Savings Fund Society FSB bought a new position in iShares MSCI Germany ETF during the fourth quarter valued at $62,000. Finally, IFP Advisors Inc grew its stake in shares of iShares MSCI Germany ETF by 193.8% in the 4th 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.

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).