iShares MSCI Spain ETF (NYSEARCA:EWP) Hits New 52-Week High – What’s Next?

iShares MSCI Spain ETF (NYSEARCA:EWP)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $41.33 and last traded at $41.31, with a volume of 330721 shares traded. The stock had previously closed at $40.86.

iShares MSCI Spain ETF Stock Up 1.1 %

The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 11.82 and a beta of 0.79. The business’s 50-day moving average is $37.68 and its two-hundred day moving average is $34.56.

Hedge Funds Weigh In On iShares MSCI Spain ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CX Institutional purchased a new stake in shares of iShares MSCI Spain ETF in the 1st quarter valued at approximately $31,000. Steward Partners Investment Advisory LLC purchased a new position in iShares MSCI Spain ETF in the fourth quarter worth approximately $61,000. Global Retirement Partners LLC acquired a new stake in iShares MSCI Spain ETF during the fourth quarter worth $88,000. Creative Financial Designs Inc. ADV raised its position 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 valued at $127,000 after purchasing an additional 1,798 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of iShares MSCI Spain ETF in the 4th quarter valued at $185,000.

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).