Sun Life Financial Inc. Decreases Stake in iShares MSCI Germany ETF (NYSEARCA:EWG)

Sun Life Financial Inc. lessened its holdings in iShares MSCI Germany ETF (NYSEARCA:EWG) by 6.1% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,075 shares of the exchange traded fund’s stock after selling 1,050 shares during the period. iShares MSCI Germany ETF makes up approximately 0.0% of Sun Life Financial Inc.’s portfolio, making the stock its 29th biggest holding. Sun Life Financial Inc.’s holdings in iShares MSCI Germany ETF were worth $492,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Ferguson Shapiro LLC bought a new stake in shares of iShares MSCI Germany ETF during the 2nd quarter worth $867,000. Hilltop Holdings Inc. purchased a new position in iShares MSCI Germany ETF in the fourth quarter valued at about $3,915,000. Strategic Financial Concepts LLC grew its position in shares of iShares MSCI Germany ETF by 2,984.7% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,054,793 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 1,020,599 shares during the period. Brookstone Capital Management purchased a new stake in shares of iShares MSCI Germany ETF during the 2nd quarter worth approximately $303,000. Finally, Prudential PLC raised its stake in shares of iShares MSCI Germany ETF by 2,095.8% in the fourth quarter. Prudential PLC now owns 158,100 shares of the exchange traded fund’s stock valued at $4,694,000 after buying an additional 150,900 shares during the period.

iShares MSCI Germany ETF Price Performance

Shares of EWG stock opened at $32.55 on Wednesday. iShares MSCI Germany ETF has a 1 year low of $24.70 and a 1 year high of $32.75. The company’s fifty day simple moving average is $31.43 and its two-hundred day simple moving average is $31.30. The stock has a market capitalization of $986.27 million, a price-to-earnings 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).