Royal Bank of Canada Trims Stock Position in iShares MSCI Spain ETF $EWP

Royal Bank of Canada cut its holdings in shares of iShares MSCI Spain ETF (NYSEARCA:EWP) by 77.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,053 shares of the exchange traded fund’s stock after selling 17,015 shares during the period. Royal Bank of Canada’s holdings in iShares MSCI Spain ETF were worth $275,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in EWP. Empowered Funds LLC acquired a new stake in iShares MSCI Spain ETF during the 1st quarter worth about $534,000. Boreal Capital Management LLC lifted its holdings in shares of iShares MSCI Spain ETF by 21.6% in the 1st quarter. Boreal Capital Management LLC now owns 3,153 shares of the exchange traded fund’s stock valued at $171,000 after buying an additional 560 shares during the period. CacheTech Inc. boosted its stake in shares of iShares MSCI Spain ETF by 0.5% in the first quarter. CacheTech Inc. now owns 152,935 shares of the exchange traded fund’s stock worth $8,306,000 after buying an additional 723 shares during the last quarter. Dorsey Wright & Associates purchased a new stake in shares of iShares MSCI Spain ETF in the first quarter worth about $743,000. Finally, Catalyst Capital Advisors LLC grew its holdings in iShares MSCI Spain ETF by 4.3% during the first quarter. Catalyst Capital Advisors LLC now owns 213,236 shares of the exchange traded fund’s stock worth $11,581,000 after acquiring an additional 8,798 shares during the period. 38.17% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Spain ETF Stock Down 0.7%

iShares MSCI Spain ETF stock opened at $62.41 on Friday. The business’s 50-day moving average price is $60.65 and its 200 day moving average price is $57.69. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of 10.89 and a beta of 0.67. iShares MSCI Spain ETF has a 52 week low of $46.56 and a 52 week high of $63.44.

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). 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.