Dai ichi Life Holdings Inc. Makes New Investment in iShares MSCI Germany ETF (NYSEARCA:EWG)

Dai ichi Life Holdings Inc. bought a new stake in iShares MSCI Germany ETF (NYSEARCA:EWG) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 35,100 shares of the exchange traded fund’s stock, valued at approximately $1,189,000. iShares MSCI Germany ETF comprises 1.4% of Dai ichi Life Holdings Inc.’s portfolio, making the stock its 15th largest position.

Other large investors have also added to or reduced their stakes in the company. Ferguson Shapiro LLC acquired a new stake in shares of iShares MSCI Germany ETF during the 2nd quarter valued at about $867,000. Strategic Financial Concepts LLC boosted its position in iShares MSCI Germany ETF by 2,984.7% during the second quarter. Strategic Financial Concepts LLC now owns 1,054,793 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 1,020,599 shares in the last quarter. Brookstone Capital Management acquired a new stake in iShares MSCI Germany ETF in the second quarter valued at approximately $303,000. WestEnd Advisors LLC purchased a new stake in shares of iShares MSCI Germany ETF in the third quarter valued at approximately $50,000. Finally, Main Management ETF Advisors LLC raised its stake in shares of iShares MSCI Germany ETF by 1.1% during the 2nd quarter. Main Management ETF Advisors LLC now owns 230,795 shares of the exchange traded fund’s stock worth $7,067,000 after buying an additional 2,485 shares during the period.

iShares MSCI Germany ETF Stock Performance

Shares of NYSEARCA:EWG traded up $0.40 during midday trading on Monday, reaching $31.81. 29,652 shares of the company’s stock traded hands, compared to its average volume of 1,079,441. The company has a fifty day simple moving average of $32.63 and a two-hundred day simple moving average of $31.84. iShares MSCI Germany ETF has a 1 year low of $28.06 and a 1 year high of $34.12. The company has a market cap of $963.84 million, a P/E ratio of 14.47 and a beta of 0.91.

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).