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

iShares MSCI Spain ETF (NYSEARCA:EWP)’s share price reached a new 52-week high on Monday . The company traded as high as $36.85 and last traded at $36.75, with a volume of 13919 shares. The stock had previously closed at $36.08.

iShares MSCI Spain ETF Trading Up 2.8 %

The firm’s 50-day moving average price is $33.19 and its 200-day moving average price is $33.43. The stock has a market capitalization of $844.20 million, a PE ratio of 12.50 and a beta of 0.95.

Hedge Funds Weigh In On iShares MSCI Spain ETF

Several large investors have recently modified their holdings of the stock. Hsbc Holdings PLC grew its holdings in iShares MSCI Spain ETF by 1.3% during the 4th quarter. Hsbc Holdings PLC now owns 2,889,601 shares of the exchange traded fund’s stock valued at $89,722,000 after purchasing an additional 38,420 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in shares of iShares MSCI Spain ETF by 3,010.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 973,880 shares of the exchange traded fund’s stock valued at $30,239,000 after buying an additional 942,569 shares during the period. Catalyst Capital Advisors LLC grew its stake in shares of iShares MSCI Spain ETF by 18.6% during the fourth quarter. Catalyst Capital Advisors LLC now owns 326,951 shares of the exchange traded fund’s stock valued at $10,152,000 after buying an additional 51,326 shares during the last quarter. Millburn Ridgefield Corp raised its holdings in shares of iShares MSCI Spain ETF by 18.6% in the fourth quarter. Millburn Ridgefield Corp now owns 326,951 shares of the exchange traded fund’s stock worth $10,152,000 after buying an additional 51,326 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of iShares MSCI Spain ETF by 4,062.2% during the 4th quarter. LPL Financial LLC now owns 269,169 shares of the exchange traded fund’s stock worth $8,358,000 after acquiring an additional 262,702 shares during 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).