iShares MSCI Spain ETF (NYSEARCA:EWP) Sees Large Volume Increase – Here’s Why

by · The Cerbat Gem

iShares MSCI Spain ETF (NYSEARCA:EWP – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 236,613 shares were traded during trading, an increase of 39% from the previous session’s volume of 169,780 shares.The stock last traded at $31.73 and had previously closed at $31.68.

iShares MSCI Spain ETF Stock Performance

The firm’s 50 day moving average is $32.40 and its two-hundred day moving average is $32.94. The stock has a market capitalization of $983.74 million, a PE ratio of 12.75 and a beta of 0.76.

Institutional Trading of iShares MSCI Spain ETF

Institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC boosted its stake in shares of iShares MSCI Spain ETF by 3.0% in the second quarter. Hsbc Holdings PLC now owns 3,716,853 shares of the exchange traded fund’s stock valued at $116,077,000 after buying an additional 108,106 shares in the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of iShares MSCI Spain ETF by 3,175.5% in the second quarter. Strategic Financial Concepts LLC now owns 1,027,298 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 995,935 shares in the last quarter. Jane Street Group LLC purchased a new stake in iShares MSCI Spain ETF in the 3rd quarter valued at approximately $4,051,000. Zacks Investment Management increased its position in iShares MSCI Spain ETF by 194.4% during the third quarter. Zacks Investment Management now owns 59,848 shares of the exchange traded fund’s stock worth $2,112,000 after buying an additional 39,519 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of iShares MSCI Spain ETF in the third quarter valued at $1,218,000.

About iShares MSCI Spain ETF

(Get Free Report)

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).

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