Principal Financial Group Inc. Acquires 94,160 Shares of iShares MSCI Spain ETF $EWP

Principal Financial Group Inc. raised its holdings in shares of iShares MSCI Spain ETF (NYSEARCA:EWP) by 31.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 395,149 shares of the exchange traded fund’s stock after acquiring an additional 94,160 shares during the period. Principal Financial Group Inc.’s holdings in iShares MSCI Spain ETF were worth $21,461,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in EWP. BOKF NA acquired a new stake in shares of iShares MSCI Spain ETF in the 3rd quarter valued at approximately $25,000. Comerica Bank grew its position in shares of iShares MSCI Spain ETF by 303.9% in the 4th quarter. Comerica Bank now owns 521 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 392 shares during the period. Fifth Third Bancorp bought a new position in iShares MSCI Spain ETF in the first quarter valued at approximately $41,000. Wolff Wiese Magana LLC bought a new stake in iShares MSCI Spain ETF in the 4th quarter valued at $44,000. Finally, Riggs Asset Managment Co. Inc. bought a new position in iShares MSCI Spain ETF during the 2nd quarter worth about $63,000. Institutional investors and hedge funds own 38.17% of the company’s stock.

iShares MSCI Spain ETF Stock Performance

NYSEARCA:EWP opened at $59.46 on Wednesday. iShares MSCI Spain ETF has a 52-week low of $44.19 and a 52-week high of $60.49. The stock has a 50-day simple moving average of $58.19 and a 200 day simple moving average of $56.44. The company has a market cap of $1.98 billion, a PE ratio of 10.89 and a beta of 0.67.

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). The Index seeks to measure the performance of the Spanish equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.