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

Shares of iShares MSCI Spain ETF (NYSEARCA:EWP) hit a new 52-week high during trading on Monday . The stock traded as high as $51.03 and last traded at $50.9640, with a volume of 510590 shares traded. The stock had previously closed at $50.52.

iShares MSCI Spain ETF Stock Up 1.5%

The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 10.89 and a beta of 0.86. The stock has a 50 day moving average of $49.10 and a 200 day moving average of $45.91.

Institutional Trading of iShares MSCI Spain ETF

Several institutional investors have recently added to or reduced their stakes in the business. Cyndeo Wealth Partners LLC grew its stake in iShares MSCI Spain ETF by 4.3% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 6,136 shares of the exchange traded fund’s stock worth $304,000 after buying an additional 255 shares during the last quarter. Patten Group Inc. grew its stake in shares of iShares MSCI Spain ETF by 3.7% in the 2nd quarter. Patten Group Inc. now owns 8,328 shares of the exchange traded fund’s stock worth $367,000 after purchasing an additional 300 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of iShares MSCI Spain ETF by 39.2% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,100 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 310 shares in the last quarter. Monument Capital Management lifted its position in shares of iShares MSCI Spain ETF by 0.4% during the 2nd quarter. Monument Capital Management now owns 86,998 shares of the exchange traded fund’s stock valued at $3,831,000 after acquiring an additional 329 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of iShares MSCI Spain ETF by 3.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 12,074 shares of the exchange traded fund’s stock worth $532,000 after acquiring an additional 445 shares during the last quarter. Institutional investors own 38.17% of the company’s stock.

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).