Hsbc Holdings PLC Sells 903,053 Shares of iShares MSCI Spain ETF $EWP

Hsbc Holdings PLC trimmed its holdings in iShares MSCI Spain ETF (NYSEARCA:EWP) by 18.7% during the first quarter, Holdings Channel reports. The firm owned 3,934,493 shares of the exchange traded fund’s stock after selling 903,053 shares during the quarter. Hsbc Holdings PLC owned about 0.12% of iShares MSCI Spain ETF worth $213,682,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in EWP. Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in iShares MSCI Spain ETF in the fourth quarter worth approximately $101,057,000. Bank of Montreal Can acquired a new position in iShares MSCI Spain ETF in the fourth quarter valued at approximately $43,669,000. Schroder Investment Management Group boosted its holdings in shares of iShares MSCI Spain ETF by 3,000.0% during the 4th quarter. Schroder Investment Management Group now owns 527,000 shares of the exchange traded fund’s stock worth $28,516,000 after buying an additional 510,000 shares in the last quarter. Bank of Nova Scotia bought a new position in shares of iShares MSCI Spain ETF during the 4th quarter worth approximately $25,370,000. Finally, Jane Street Group LLC acquired a new stake in shares of iShares MSCI Spain ETF during the 2nd quarter worth approximately $16,165,000. Institutional investors own 38.17% of the company’s stock.

iShares MSCI Spain ETF Stock Down 0.2%

NYSEARCA:EWP opened at $59.16 on Friday. The company has a fifty day moving average of $58.09 and a 200-day moving average of $56.35. The firm has a market capitalization of $1.97 billion, a P/E ratio of 10.89 and a beta of 0.67. iShares MSCI Spain ETF has a twelve month low of $43.85 and a twelve month high of $60.49.

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.