iShares MSCI Spain ETF (NYSEARCA:EWP) Sees Unusually-High Trading Volume – Here’s What Happened

iShares MSCI Spain ETF (NYSEARCA:EWP) saw an uptick in trading volume on Thursday . 2,410,336 shares changed hands during trading, an increase of 953% from the previous session’s volume of 228,883 shares.The stock last traded at $35.25 and had previously closed at $34.91.

iShares MSCI Spain ETF Stock Down 0.9 %

The business has a 50-day moving average price of $32.45 and a 200-day moving average price of $33.15. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 12.75 and a beta of 0.76.

Hedge Funds Weigh In On iShares MSCI Spain ETF

Large investors have recently made changes to their positions in the business. FMR LLC increased its position in shares of 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 position in shares of iShares MSCI Spain ETF during the fourth quarter worth $61,000. Creative Financial Designs Inc. ADV acquired a new position in shares of iShares MSCI Spain ETF during the third quarter worth $81,000. Global Retirement Partners LLC acquired a new position in shares of iShares MSCI Spain ETF during the fourth quarter worth $88,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of iShares MSCI Spain ETF in the 4th quarter valued at $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).