iShares MSCI Spain ETF (NYSEARCA:EWP) Stock Price Pass Above Fifty Day Moving Average – What’s Next?

iShares MSCI Spain ETF (NYSEARCA:EWP)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $35.71 and traded as high as $38.15. iShares MSCI Spain ETF shares last traded at $38.06, with a volume of 248,560 shares.

iShares MSCI Spain ETF Stock Up 1.2 %

The stock’s 50 day moving average price is $35.83 and its 200-day moving average price is $34.05. The stock has a market capitalization of $880.33 million, a PE ratio of 11.90 and a beta of 0.95.

Institutional Investors Weigh In On iShares MSCI Spain ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. 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 worth $64,000 after acquiring an additional 1,700 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of iShares MSCI Spain ETF during the 4th quarter valued at about $306,000. Wellington Management Group LLP acquired a new position in iShares MSCI Spain ETF during the third quarter worth $577,000. Kiker Wealth Management LLC purchased a new stake in shares of iShares MSCI Spain ETF during the fourth quarter worth $3,057,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of iShares MSCI Spain ETF in the third quarter valued at approximately $1,218,000.

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).