iShares MSCI Spain ETF (NYSEARCA:EWP) Sees Strong Trading Volume – Here’s Why

iShares MSCI Spain ETF (NYSEARCA:EWP) shares saw unusually-strong trading volume on Thursday . Approximately 341,426 shares changed hands during mid-day trading, an increase of 5% from the previous session’s volume of 324,559 shares.The stock last traded at $39.19 and had previously closed at $38.73.

iShares MSCI Spain ETF Stock Down 8.1 %

The firm has a fifty day moving average of $36.15 and a 200-day moving average of $34.13. The stock has a market capitalization of $812.37 million, a price-to-earnings ratio of 11.90 and a beta of 0.95.

Institutional Investors Weigh In On iShares MSCI Spain ETF

A number of large investors have recently bought and sold shares of the stock. FMR LLC increased its holdings in shares of 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 buying an additional 1,700 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in iShares MSCI Spain ETF during the 4th quarter worth approximately $61,000. Global Retirement Partners LLC purchased a new position in iShares MSCI Spain ETF in the fourth quarter valued at approximately $88,000. Creative Financial Designs Inc. ADV lifted 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 valued at $127,000 after buying an additional 1,798 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in shares of iShares MSCI Spain ETF in the fourth quarter worth $185,000.

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).