iShares MSCI Spain ETF (NYSEARCA:EWP) Sees Large Volume Increase – Here’s What Happened

iShares MSCI Spain ETF (NYSEARCA:EWP) shares saw unusually-high trading volume on Monday . Approximately 1,716,524 shares changed hands during trading, an increase of 238% from the previous session’s volume of 507,155 shares.The stock last traded at $52.3710 and had previously closed at $52.29.

iShares MSCI Spain ETF Price Performance

The business’s fifty day moving average price is $50.28 and its 200 day moving average price is $47.30. The stock has a market cap of $1.51 billion, a P/E ratio of 10.89 and a beta of 0.86.

Institutional Trading of iShares MSCI Spain ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EWP. Advisory Services Network LLC bought a new position in shares of iShares MSCI Spain ETF in the 3rd quarter valued at $203,000. Qube Research & Technologies Ltd grew its position in iShares MSCI Spain ETF by 66,186.4% during the 3rd quarter. Qube Research & Technologies Ltd now owns 43,749 shares of the exchange traded fund’s stock worth $2,166,000 after acquiring an additional 43,683 shares during the last quarter. New Vernon Capital Holdings II LLC acquired a new position in iShares MSCI Spain ETF in the 3rd quarter worth about $2,035,000. Mariner LLC raised its position in iShares MSCI Spain ETF by 4.8% in the third quarter. Mariner LLC now owns 25,840 shares of the exchange traded fund’s stock valued at $1,279,000 after purchasing an additional 1,182 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in iShares MSCI Spain ETF by 3.3% in the third quarter. Ameriprise Financial Inc. now owns 145,868 shares of the exchange traded fund’s stock valued at $7,220,000 after purchasing an additional 4,690 shares during the last quarter. Institutional investors own 38.17% of the company’s stock.

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).