iShares MSCI Spain ETF (NYSEARCA:EWP) Hits New 52-Week High – Here’s What Happened
by Renee Jackson · The Cerbat GemShares of iShares MSCI Spain ETF (NYSEARCA:EWP – Get Free Report) reached a new 52-week high on Monday . The company traded as high as $54.80 and last traded at $54.5290, with a volume of 2542 shares. The stock had previously closed at $54.70.
iShares MSCI Spain ETF Trading Down 0.0%
The company’s 50 day moving average is $51.99 and its 200 day moving average is $48.74. The stock has a market capitalization of $1.83 billion, a price-to-earnings ratio of 10.89 and a beta of 0.86.
Institutional Investors Weigh In On iShares MSCI Spain ETF
Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of iShares MSCI Spain ETF by 118.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 75,389 shares of the exchange traded fund’s stock worth $3,732,000 after purchasing an additional 40,867 shares during the period. Advisory Services Network LLC purchased a new stake in iShares MSCI Spain ETF in the 3rd quarter valued at about $203,000. Qube Research & Technologies Ltd raised its position in shares of iShares MSCI Spain ETF by 66,186.4% in the 3rd quarter. Qube Research & Technologies Ltd now owns 43,749 shares of the exchange traded fund’s stock worth $2,166,000 after buying an additional 43,683 shares during the period. New Vernon Capital Holdings II LLC purchased a new stake in shares of iShares MSCI Spain ETF during the 3rd quarter worth about $2,035,000. Finally, Mariner LLC raised its stake in shares of iShares MSCI Spain ETF by 4.8% in the 3rd quarter. Mariner LLC now owns 25,840 shares of the exchange traded fund’s stock valued at $1,279,000 after acquiring an additional 1,182 shares during the period. Hedge funds and other institutional investors own 38.17% of the company’s stock.
iShares MSCI Spain ETF Company Profile
iShares MSCI Spain Capped ETF, formerly iShares MSCI Spain Index 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 Spanish market, as measured by the MSCI Spain Index (the Index). The Index seeks to measure the performance of the Spanish equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.