Zacks Investment Management Sells 50,627 Shares of iShares MSCI Spain ETF (NYSEARCA:EWP)

Zacks Investment Management cut its stake in iShares MSCI Spain ETF (NYSEARCA:EWP) by 84.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,221 shares of the exchange traded fund’s stock after selling 50,627 shares during the quarter. Zacks Investment Management’s holdings in iShares MSCI Spain ETF were worth $286,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC purchased a new stake in shares of iShares MSCI Spain ETF in the fourth quarter valued at $61,000. FMR LLC grew its holdings in iShares MSCI Spain ETF by 1,603.8% during the 3rd quarter. FMR LLC now owns 1,806 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 1,700 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in iShares MSCI Spain ETF in the 4th quarter worth about $88,000. Creative Financial Designs Inc. ADV lifted its stake in iShares MSCI Spain ETF by 78.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 4,092 shares of the exchange traded fund’s stock worth $127,000 after purchasing an additional 1,798 shares during the last quarter. Finally, Capital Wealth Alliance LLC bought a new stake in iShares MSCI Spain ETF in the fourth quarter worth about $259,000.

iShares MSCI Spain ETF Stock Performance

EWP opened at $39.25 on Friday. The stock’s 50 day moving average price is $37.05 and its 200-day moving average price is $34.31. iShares MSCI Spain ETF has a one year low of $30.33 and a one year high of $39.52. The stock has a market cap of $956.92 million, a price-to-earnings ratio of 10.94 and a beta of 0.79.

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).