iShares MSCI Spain ETF (NYSEARCA:EWP) Sets New 1-Year High – Here’s Why

iShares MSCI Spain ETF (NYSEARCA:EWP)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $36.28 and last traded at $36.07, with a volume of 19941 shares changing hands. The stock had previously closed at $35.46.

iShares MSCI Spain ETF Trading Up 1.6 %

The firm’s 50-day simple moving average is $32.50 and its 200 day simple moving average is $33.21. The stock has a market cap of $1.12 billion, a P/E ratio of 12.75 and a beta of 0.76.

Institutional Trading of iShares MSCI Spain ETF

Several large investors have recently added to or reduced their stakes in the business. FMR LLC raised its holdings in iShares MSCI Spain ETF by 1,603.8% during the third quarter. FMR LLC now owns 1,806 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 1,700 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in iShares MSCI Spain ETF in the 4th quarter valued at about $61,000. Creative Financial Designs Inc. ADV bought a new stake in shares of iShares MSCI Spain ETF in the 3rd quarter worth approximately $81,000. Global Retirement Partners LLC acquired a new stake in iShares MSCI Spain ETF during the fourth quarter valued at approximately $88,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in iShares MSCI Spain ETF during the fourth quarter worth approximately $185,000.

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).