Moran Wealth Management LLC Buys 26,416 Shares of iShares MSCI Spain ETF $EWP

Moran Wealth Management LLC raised its stake in shares of iShares MSCI Spain ETF (NYSEARCA:EWP) by 18.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 165,996 shares of the exchange traded fund’s stock after buying an additional 26,416 shares during the quarter. Moran Wealth Management LLC owned about 0.50% of iShares MSCI Spain ETF worth $9,015,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BOKF NA purchased a new stake in shares of iShares MSCI Spain ETF in the third quarter worth about $25,000. Comerica Bank grew its stake in iShares MSCI Spain ETF by 303.9% during the fourth quarter. Comerica Bank now owns 521 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 392 shares in the last quarter. Wolff Wiese Magana LLC purchased a new position in iShares MSCI Spain ETF during the fourth quarter valued at approximately $44,000. Riggs Asset Managment Co. Inc. purchased a new position in iShares MSCI Spain ETF during the second quarter valued at approximately $63,000. Finally, Private Trust Co. NA increased its holdings in iShares MSCI Spain ETF by 4,519.2% during the 4th quarter. Private Trust Co. NA now owns 1,201 shares of the exchange traded fund’s stock worth $65,000 after acquiring an additional 1,175 shares during the period. 38.17% of the stock is currently owned by institutional investors.

iShares MSCI Spain ETF Price Performance

NYSEARCA EWP opened at $59.66 on Friday. iShares MSCI Spain ETF has a 1 year low of $43.45 and a 1 year high of $60.44. The stock has a market capitalization of $1.90 billion, a PE ratio of 10.89 and a beta of 0.67. The company’s 50 day simple moving average is $57.50 and its two-hundred day simple moving average is $55.94.

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.