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

Shares of iShares MSCI Spain ETF (NYSEARCA:EWP) saw strong trading volume on Thursday . 276,632 shares changed hands during mid-day trading, a decline of 26% from the previous session’s volume of 372,109 shares.The stock last traded at $37.53 and had previously closed at $37.52.

iShares MSCI Spain ETF Stock Performance

The firm’s 50-day moving average is $33.57 and its two-hundred day moving average is $33.51. The stock has a market cap of $851.85 million, a P/E ratio of 12.50 and a beta of 0.95.

Institutional Trading of iShares MSCI Spain ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Hsbc Holdings PLC increased its position in shares of iShares MSCI Spain ETF by 1.3% in the 4th quarter. Hsbc Holdings PLC now owns 2,889,601 shares of the exchange traded fund’s stock valued at $89,722,000 after buying an additional 38,420 shares in the last quarter. Strategic Financial Concepts LLC increased its position in shares of iShares MSCI Spain ETF by 3,010.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 973,880 shares of the exchange traded fund’s stock valued at $30,239,000 after buying an additional 942,569 shares in the last quarter. Catalyst Capital Advisors LLC increased its position in shares of iShares MSCI Spain ETF by 18.6% in the 4th quarter. Catalyst Capital Advisors LLC now owns 326,951 shares of the exchange traded fund’s stock valued at $10,152,000 after buying an additional 51,326 shares in the last quarter. Millburn Ridgefield Corp increased its position in shares of iShares MSCI Spain ETF by 18.6% in the 4th quarter. Millburn Ridgefield Corp now owns 326,951 shares of the exchange traded fund’s stock valued at $10,152,000 after buying an additional 51,326 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares MSCI Spain ETF by 4,062.2% in the 4th quarter. LPL Financial LLC now owns 269,169 shares of the exchange traded fund’s stock valued at $8,358,000 after buying an additional 262,702 shares in the last quarter.

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).