iShares MSCI Spain ETF (NYSEARCA:EWP) Sets New 12-Month High – Here’s Why

iShares MSCI Spain ETF (NYSEARCA:EWP)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $39.36 and last traded at $39.30, with a volume of 141740 shares changing hands. The stock had previously closed at $38.87.

iShares MSCI Spain ETF Stock Performance

The stock has a 50 day moving average of $36.85 and a 200 day moving average of $34.24. The stock has a market capitalization of $962.89 million, a P/E ratio of 10.94 and a beta of 0.79.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. FMR LLC lifted its position in shares of iShares MSCI Spain ETF by 1,603.8% during the 3rd quarter. FMR LLC now owns 1,806 shares of the exchange traded fund’s stock valued at $64,000 after acquiring an additional 1,700 shares during the last quarter. Wellington Management Group LLP purchased a new stake in shares of iShares MSCI Spain ETF during the third quarter valued at $577,000. Jane Street Group LLC purchased a new stake in shares of iShares MSCI Spain ETF during the third quarter valued at $4,051,000. SG Americas Securities LLC purchased a new position in iShares MSCI Spain ETF in the 4th quarter worth about $306,000. Finally, Whitcomb & Hess Inc. increased its stake in iShares MSCI Spain ETF by 0.7% in the 4th quarter. Whitcomb & Hess Inc. now owns 262,118 shares of the exchange traded fund’s stock worth $8,139,000 after purchasing an additional 1,822 shares in the last quarter.

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).