iShares MSCI Spain ETF (NYSEARCA:EWP) Sees Strong Trading Volume – Should You Buy?

iShares MSCI Spain ETF (NYSEARCA:EWP) shares saw an uptick in trading volume on Wednesday . 671,997 shares were traded during trading, an increase of 112% from the previous session’s volume of 317,448 shares.The stock last traded at $32.70 and had previously closed at $32.46.

iShares MSCI Spain ETF Stock Up 0.8 %

The stock’s fifty day moving average is $33.97 and its 200-day moving average is $33.13. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 12.75 and a beta of 0.76.

Institutional Investors Weigh In On iShares MSCI Spain ETF

A number of large investors have recently bought and sold shares of the company. Hsbc Holdings PLC lifted its holdings in shares of iShares MSCI Spain ETF by 3.0% in the 2nd quarter. Hsbc Holdings PLC now owns 3,716,853 shares of the exchange traded fund’s stock worth $116,077,000 after purchasing an additional 108,106 shares in the last quarter. Jane Street Group LLC boosted its position in shares of iShares MSCI Spain ETF by 215.8% in the first quarter. Jane Street Group LLC now owns 1,161,463 shares of the exchange traded fund’s stock valued at $37,364,000 after acquiring an additional 793,688 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of iShares MSCI Spain ETF by 3,175.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,027,298 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 995,935 shares during the last quarter. Catalyst Capital Advisors LLC raised its position in iShares MSCI Spain ETF by 1.2% during the second quarter. Catalyst Capital Advisors LLC now owns 291,208 shares of the exchange traded fund’s stock valued at $9,094,000 after purchasing an additional 3,412 shares in the last quarter. Finally, Whitcomb & Hess Inc. grew its holdings in shares of iShares MSCI Spain ETF by 1.5% during the 2nd quarter. Whitcomb & Hess Inc. now owns 264,848 shares of the exchange traded fund’s stock valued at $8,271,000 after purchasing an additional 3,937 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).