iShares MSCI Spain ETF (NYSEARCA:EWP) Reaches New 52-Week High – Here’s What Happened

iShares MSCI Spain ETF (NYSEARCA:EWPGet Free Report)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $60.32 and last traded at $60.32, with a volume of 228380 shares. The stock had previously closed at $58.97.

iShares MSCI Spain ETF Price Performance

The stock has a market cap of $1.90 billion, a P/E ratio of 10.89 and a beta of 0.67. The stock has a fifty day simple moving average of $57.50 and a 200-day simple moving average of $55.94.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in iShares MSCI Spain ETF during the fourth quarter valued at approximately $101,057,000. Bank of Montreal Can acquired a new stake in iShares MSCI Spain ETF in the fourth quarter worth $43,669,000. Schroder Investment Management Group boosted its position in shares of iShares MSCI Spain ETF by 3,000.0% during the fourth quarter. Schroder Investment Management Group now owns 527,000 shares of the exchange traded fund’s stock worth $28,516,000 after purchasing an additional 510,000 shares in the last quarter. Bank of Nova Scotia bought a new position in shares of iShares MSCI Spain ETF during the fourth quarter worth $25,370,000. Finally, Jane Street Group LLC acquired a new position in shares of iShares MSCI Spain ETF in the 2nd quarter valued at $16,165,000. Institutional investors own 38.17% of the company’s stock.

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). The Index seeks to measure the performance of the Spanish equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.

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