iShares MSCI Spain ETF (NYSEARCA:EWP) Reaches New 12-Month High – What’s Next?

iShares MSCI Spain ETF (NYSEARCA:EWP)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $52.94 and last traded at $53.0850, with a volume of 264236 shares changing hands. The stock had previously closed at $52.36.

iShares MSCI Spain ETF Stock Performance

The firm has a market capitalization of $1.54 billion, a P/E ratio of 10.89 and a beta of 0.86. The firm has a 50 day moving average price of $50.63 and a two-hundred day moving average price of $47.58.

Institutional Trading of iShares MSCI Spain ETF

Hedge funds have recently bought and sold shares of the company. BOKF NA purchased a new position in shares of iShares MSCI Spain ETF in the third quarter worth approximately $25,000. Nisa Investment Advisors LLC boosted its stake in iShares MSCI Spain ETF by 39.2% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,100 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 310 shares during the period. Private Trust Co. NA grew its position in iShares MSCI Spain ETF by 879.8% during the 2nd quarter. Private Trust Co. NA now owns 1,117 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 1,003 shares in the last quarter. Riggs Asset Managment Co. Inc. acquired a new stake in iShares MSCI Spain ETF during the 2nd quarter valued at $63,000. Finally, Creative Financial Designs Inc. ADV raised its stake in iShares MSCI Spain ETF by 33.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,183 shares of the exchange traded fund’s stock valued at $108,000 after purchasing an additional 545 shares during the period. 38.17% of the stock is owned by hedge funds and other institutional investors.

About iShares MSCI Spain ETF

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).