Today were reported iShares MSCI Germany Index Fund (ETF) (NYSEARCA:EWG)‘s daily net flows. The ETF registered $-60.24M asset outflows for -1.73% decrease, reaching $3418.73M after yestarday’s trading session. The chart of iShares MSCI Germany Index Fund (ETF) shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.64% or $0.16 on November 21, hitting $25.02. It is down 6.57% since April 20, 2016 and is downtrending. It has underperformed by 11.13% the S&P500.
The ETF’s YTD performance is 1.33%, the 1 year is -2.1% and the 3 year is -2.08%.
The ETF’s average P/E ratio is 14.4, the price to book is 1.52, the price to sales is 0.76 and the price to cashflow is 4.33. iShares MSCI Germany Index Fund (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Siemens AG for 7.84% of assets, SAP SE for 7.81%, Bayer AG for 7.39%, Basf SE for 7.30%, Allianz SE for 6.43%, Daimler AG for 6.19%, Deutsche Telekom AG for 4.74%, Munchener Ruckversicherungs-Gesellschaft AG for 2.82%, adidas AG for 2.79%, Linde AG for 2.76%. The ETF sector weights are: Basic Materials 15.89%, Consumer Cyclical 20.30%, Financial Services 12.58%, Realestate 2.53%, Consumer Defensive 3.98%, Healthcare 13.72%, Utilities 2.57%, Communication Services 5.58%, Industrials 12.53%, Technology 10.32%. The ETF currently as 0% yield.
More notable recent iShares MSCI Germany Index Fund (ETF) (NYSEARCA:EWG) news were published by: Etfdailynews.com which released: “3 Rocket Arc Patterns For Overseas ETFs [iShares MSCI Germany Index Fund (ETF …” on June 30, 2015, also Marketwatch.com with their article: “iShares MSCI Germany ETF” published on June 04, 2010, Etfdailynews.com published: “German Companies Aren’t Investing Because They Have Crushing Pension Obligations” on August 10, 2016. More interesting news about iShares MSCI Germany Index Fund (ETF) (NYSEARCA:EWG) were released by: Etfdailynews.com and their article: “3 ETFs To Profit From Europe’s Economic Recovery [iShares MSCI Germany Index …” published on March 06, 2015 as well as Etfdailynews.com‘s news article titled: “German Investor Confidence Plunges to Lowest Level Since 2012” with publication date: July 19, 2016.
EWG Company Profile
iShares MSCI Germany Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the German market, as measured by the MSCI Germany Index (the Index). The Index seeks to measure the performance of the German equity market. The Index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization. Component companies are adjusted for available float and must meet objective criteria for inclusion in the Index. The Index is reviewed quarterly.
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