iShares MSCI Spain ETF (NYSEARCA:EWP) Hits New 52-Week High – Here’s What Happened

iShares MSCI Spain ETF (NYSEARCA:EWP) shares hit a new 52-week high on Wednesday . The stock traded as high as $60.49 and last traded at $59.82, with a volume of 162458 shares changing hands. The stock had previously closed at $60.28.

iShares MSCI Spain ETF Stock Down 0.8%

The company has a market cap of $1.91 billion, a PE ratio of 10.89 and a beta of 0.67. The firm’s 50-day moving average is $57.66 and its 200-day moving average is $56.05.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EWP. Financial & Tax Architects LLC raised its holdings in iShares MSCI Spain ETF by 172.2% in the fourth quarter. Financial & Tax Architects LLC now owns 41,751 shares of the exchange traded fund’s stock worth $2,251,000 after purchasing an additional 26,415 shares in the last quarter. Montag A & Associates Inc. grew its position in shares of iShares MSCI Spain ETF by 23.6% in the 4th quarter. Montag A & Associates Inc. now owns 69,676 shares of the exchange traded fund’s stock worth $3,756,000 after buying an additional 13,325 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares MSCI Spain ETF by 118.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 75,389 shares of the exchange traded fund’s stock worth $3,732,000 after buying an additional 40,867 shares during the period. Moran Wealth Management LLC bought a new position in shares of iShares MSCI Spain ETF in the 4th quarter worth about $7,525,000. Finally, Prudential PLC bought a new position in shares of iShares MSCI Spain ETF in the 4th quarter worth about $16,664,000. 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.