iShares MSCI Spain ETF (NYSEARCA:EWP) Sees Unusually-High Trading Volume – Time to Buy?

iShares MSCI Spain ETF (NYSEARCA:EWP) saw an uptick in trading volume on Monday . 1,041,337 shares were traded during trading, an increase of 223% from the previous session’s volume of 322,098 shares.The stock last traded at $38.28 and had previously closed at $38.44.

iShares MSCI Spain ETF Stock Up 1.6 %

The company has a market cap of $881.70 million, a price-to-earnings ratio of 11.90 and a beta of 0.95. The company has a fifty day simple moving average of $35.18 and a two-hundred day simple moving average of $33.89.

Institutional Investors Weigh In On iShares MSCI Spain ETF

A number of large investors have recently added to or reduced their stakes in EWP. Benjamin Edwards Inc. lifted its holdings in shares of iShares MSCI Spain ETF by 10.5% in the fourth quarter. Benjamin Edwards Inc. now owns 16,995 shares of the exchange traded fund’s stock valued at $528,000 after purchasing an additional 1,613 shares in the last quarter. FMR LLC lifted its stake in iShares MSCI Spain ETF by 1,603.8% in the 3rd quarter. FMR LLC now owns 1,806 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 1,700 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in iShares MSCI Spain ETF by 78.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 4,092 shares of the exchange traded fund’s stock worth $127,000 after buying an additional 1,798 shares in the last quarter. Whitcomb & Hess Inc. raised its holdings in shares of iShares MSCI Spain ETF by 0.7% in the fourth quarter. Whitcomb & Hess Inc. now owns 262,118 shares of the exchange traded fund’s stock worth $8,139,000 after acquiring an additional 1,822 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new stake in shares of iShares MSCI Spain ETF in the fourth quarter valued at $61,000.

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).