Morgan Stanley Reduces Stake in iShares MSCI Germany ETF (EWG)

Morgan Stanley reduced its stake in iShares MSCI Germany ETF (NYSEARCA:EWG) by 41.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,346,649 shares of the exchange traded fund’s stock after selling 966,949 shares during the period. Morgan Stanley owned approximately 1.53% of iShares MSCI Germany ETF worth $40,048,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EWG. Private Advisor Group LLC acquired a new position in shares of iShares MSCI Germany ETF during the second quarter valued at approximately $224,000. First Republic Investment Management Inc. acquired a new position in iShares MSCI Germany ETF in the 2nd quarter worth approximately $3,503,000. Marshall Wace LLP acquired a new position in iShares MSCI Germany ETF in the 2nd quarter worth approximately $216,000. grace capital acquired a new position in iShares MSCI Germany ETF in the 2nd quarter worth approximately $315,000. Finally, Millennium Management LLC acquired a new position in iShares MSCI Germany ETF in the 2nd quarter worth approximately $10,058,000.

iShares MSCI Germany ETF stock traded up $0.02 during midday trading on Friday, reaching $26.81. The stock had a trading volume of 2,797,189 shares, compared to its average volume of 3,610,131. iShares MSCI Germany ETF has a twelve month low of $24.40 and a twelve month high of $34.29.

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iShares MSCI Germany ETF 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).

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