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

Shares of iShares MSCI Spain ETF (NYSEARCA:EWP) saw unusually-high trading volume on Friday . Approximately 308,651 shares changed hands during trading, a decline of 1% from the previous session’s volume of 311,309 shares.The stock last traded at $34.15 and had previously closed at $34.18.

iShares MSCI Spain ETF Stock Performance

The firm’s fifty day simple moving average is $34.17 and its 200 day simple moving average is $32.87. The firm has a market cap of $1.06 billion, a P/E ratio of 12.75 and a beta of 0.76.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Sunbelt Securities Inc. bought a new position in shares of iShares MSCI Spain ETF during the 2nd quarter valued at about $75,000. Jane Street Group LLC boosted its holdings in shares of iShares MSCI Spain ETF by 215.8% during the 1st quarter. Jane Street Group LLC now owns 1,161,463 shares of the exchange traded fund’s stock valued at $37,364,000 after purchasing an additional 793,688 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of iShares MSCI Spain ETF during the 2nd quarter valued at about $190,000. Bank of New York Mellon Corp raised its position in shares of iShares MSCI Spain ETF by 28.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,387 shares of the exchange traded fund’s stock valued at $324,000 after buying an additional 2,307 shares in the last quarter. Finally, DRW Securities LLC purchased a new stake in shares of iShares MSCI Spain ETF during the 2nd quarter valued at about $1,025,000.

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).